UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. Stream Connecticut News for ...
FRANKFURT, June 12 (Reuters) - Commerzbank (CBKG.DE), opens new tab CEO Bettina Orlopp on Thursday criticized the Italian bank UniCredit (CRDI.MI), opens new tab for talking down the share price of ...
Commerzbank (OTCPK:CRZBF) is planning to exit its landmark Frankfurt headquarters as part of a significant cost-cutting initiative aimed at improving profitability and defending against ongoing ...
German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its stake in its rival, laying the ground for a potential takeover bid. UniCredit ...
FRANKFURT (Reuters) - Commerzbank CEO Bettina Orlopp on Wednesday labelled UniCredit's approach for a potential merger as "unfriendly" and said that any deal would likely hurt revenue. Orlopp also ...
MILAN (Reuters) -UniCredit has no plans to heed the advice of the German government to drop its ambitions to take over Commerzbank, the Italian bank's CEO was quoted as saying on Friday. German ...
UniCredit SpA expanded its equity stake in Commerzbank AG to about 26%, buttressing its role as the German rival’s biggest investor and prompting a fresh rebuke from the government in Berlin. The ...
UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. UniCredit has built a ...
Commerzbank has strongly resisted a possible takeover by UniCredit since the Italian bank announced in September it had quietly built up a stake in the German group ...
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