The move escalates a tussle between Commerzbank and its largest shareholder, with less than two weeks left for UniCredit's offer to buy the stake in the German bank it doesn't already own.
Commerzbank is in close ​contact with the ‌German regulator BaFin over UniCredit's recent disclosure ​over shares the ​Italian lender has said ⁠it has acquired, ​according to a notice ​t
The lender said Tuesday that shares representing around 7.6% of Commerzbank's share capital have been tendered as part of its roughly $28 billion takeover attempt.
UniCredit said ‌in a ​regulatory ​filing on ⁠Tuesday ​that ​investors had tendered ​Commerzbank ​shares representing 7.6% ‌of ⁠the German ​bank's ​capital ⁠under its ​takeo
Italy's UniCredit ​has secured ‌commitments that ​will ​take its stake ⁠in ​Commerzbank well ​above 30%, Bloomberg News ​reported ​on Tuesday, citing ‌people ⁠familiar with the �
Dozens ​of Commerzbank employees on Wednesday ‌protested UniCredit's attempt to take over the German lender, maintaining a ​wall of fierce resistance ​to the cross-border deal.
UniCredit will ​not participate in Commerzbank's ‌annual general meeting on Wednesday, two people familiar with the ​matter told Reuters, opting ​for a passive role even ⁠as it battles ​fo
The German bank said UniCredit's offer undervalues it, adding the suitor lacks a credible strategic plan and its proposal entails considerable risks.
Commerzbank on ​Monday formally rejected ‌an offer by Italy's UniCredit to buy the ​German lender, digging ​in its heels in its ⁠months-long resistance to ​the cross-border takeover ​att
Italian bank UniCredit's Chief Executive Andrea Orcel will ​meet with European Commission competition chief Teresa ‌Ribera and Financial Services Commissioner Maria Luisa Albuquerque on Monday, th
The lender said it would raise its expectations for 2028, and set new targets in a plan for 2030, amid a takeover bid from UniCredit.
Commerzbank ‌on Friday ​upgraded ​a ⁠series ​of financial ​targets after ​Italy's ​UniCredit this week formally made a ‌lowball ⁠takeover bid for Germany's ​second-largest ​ban
UniCredit continues to demonstrate the resilience of its business in the face of lower Eurozone interest rates, booking another quarter of record earnings in Q1 2026. UNCRY's net interest income is st
The lender, which didn't name the buyer, said the deal will help refocus its operations in Russia mainly on international payments.
Italian bank UniCredit said on Thursday that it had reached ​a non-binding accord to sell parts of its ‌Russian subsidiary to a "well established private investor" in the United Arab Emirates.
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