A German ‌bank labour ​union ​on Friday ⁠circulated ​a letter ​voicing stark criticism ​of ​UniCredit's move ‌to ⁠take over Commerzbank , ​saying "the ​potential ⁠for chaos �
Commerzbank's workers ​council on ‌Thursday rebuffed UniCredit's advances, ​maintaining ​their resistance to a ⁠tie-up ​as the ​Italian bank nears control of ​the German ​competitor.
One of Europe's most cantankerous banking battles in decades is becoming more a question of how and when, not if, UniCredit secures its prize, after it disclosed it was nearing ​control of Germany's

Commerzbank calls UniCredit offer unattractive

05:05am, Wednesday, 08'th Jul 2026
Commerzbank said ​on Wednesday ‌that less than ​2% ​of institutional and retail ⁠investors ​had tendered ​their shares as part of ​UniCredit's ​offer.
UniCredit said it increased its voting rights in Commerzbank but fell short of securing a majority share of the German bank.

UniCredit secures 17.6% of Commerzbank

03:35am, Wednesday, 08'th Jul 2026
Italy's second-biggest ​bank UniCredit ‌has secured 17.6% ​of ​Commerzbank , data showed on ⁠Wednesday, ​after a ​fraught takeover offer ended earlier ​this ​month.
Commerzbank ​on Friday ‌published a ​letter ​to shareholders again ⁠asking ​them to ​reject UniCredit's to buy ​shares, ​maintaining its months-long ‌resistance ⁠to any deal ​a
Germany's ​Commerzbank said on Thursday ‌that institutional investors have tendered just somewhat more than ​1% of shares ​in UniCredit's takeover offer.
UniCredit Chief Executive Andrea Orcel said on Tuesday ​it was more likely than ‌initially anticipated that the European Central Bank would declare the Italian ​bank in control of ​Commerzbank
The Italian lender plans to reopen its offer to Commerzbank shareholders for another two weeks.
UniCredit said on Friday ​that investors had tendered Commerzbank ‌shares representing 12.51% of the German bank's capital under ​its takeover bid, a ​slight increase in its overall ⁠holding
UniCredit's €40 billion buyout offer for Commerzbank concludes on Tuesday.
The government cited what it called an aggressive approach from UniCredit, rebuffing the Italian lender's multibillion-dollar bid for Commerzbank.
Shares in Germany's Commerzbank slipped ​below the price implied ‌by UniCredit's hostile buyout offer on Tuesday, after ​trading consistently above ​that level since the ⁠Italian bank launch
Germany has ‌officially rejected UniCredit's offer to buy ​Commerzbank shares, ​the country's finance agency ⁠said on ​Tuesday, citing a low ​price and support for an independent Commerzba
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