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Buy UNCRY
$42.42
-1.07 (-2.46%)
At Close: Jun 03, 2026
Commerzbank board member warns of significant job losses with a hostile UniCredit takeover
05:58am, Tuesday, 24'th Sep 2024
Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC's Annette Weisbach that "we certainly hope we can avoid" a hostile takeover by the Italian bank. UniCredit believe
Barclays helped UniCredit build Commerzbank stake, source says
01:28pm, Monday, 23'rd Sep 2024
Barclays helped UniCredit build its stake in Commerzbank with derivatives, a source familiar with the matter told Reuters, a move that paves the way for the Italian bank to become the German lender's
Germany's Scholz slams UniCredit's 'hostile' move on Commerzbank
11:07am, Monday, 23'rd Sep 2024
UniCredit's attempt to participate in Commerzbank without consultation is an unfriendly act and is not appropriate in Europe and in Germany, German Chancellor Olaf Scholz said on Monday.
Commerzbank board member condemns UniCredit's 'inappropriate aggressive act'
08:50am, Monday, 23'rd Sep 2024
Stefan Wittmann, a member of Commerzbank's supervisory board, on Monday condemned the buildup by UniCredit of its stake in German bank as a "completely inappropriate aggressive act".
UniCredit reaches deal to boost Commerzbank stake
07:10am, Monday, 23'rd Sep 2024
UniCredit on Monday said it's reached an agreement to further increase its stake in Commerzbank as the German government increasingly attempts to ward off an Italian acquisition of its number-two bank
UniCredit Raises Commerzbank Holding to Around 21%
07:07am, Monday, 23'rd Sep 2024
The Italian lender had earlier disclosed a 9% stake in its German peer, reviving speculation that it could pursue a tie-up.
UniCredit boosts its stake in Commerzbank, applies to own up to 29.9% of the German bank
06:38am, Monday, 23'rd Sep 2024
UniCredit announced it had increased its stake in German lender Commerzbank to 21% and submitted a request to boost the holding to up to 29.9%.
UniCredit buys further 11.5% of Commerzbank in derivatives as it applies to get to 29.9%
06:29am, Monday, 23'rd Sep 2024
UniCredit said it had acquired on Monday, through financial instruments, a further 11.5% of Commerzbank after applying to supervisors to reach a holding of up to 29.9% in the German rival.
Commerzbank warns UniCredit merger is threat to German businesses, FT reports
12:13am, Monday, 23'rd Sep 2024
Commerzbank's management has warned the German government that a potential multibillion euro merger with UniCredit is a threat to businesses that make up the backbone of Europe's biggest economy, the
Germany must oppose UniCredit takeover of Commerzbank, bank employees and union warn
05:21am, Friday, 20'th Sep 2024
Commerzbank employees and a prominent labour union on Friday called on the German government to oppose a takeover of the German lender by Italy's UniCredit.
UniCredit tie-up with Commerzbank could result in massive job cuts, DBV bank union warns
09:37am, Thursday, 19'th Sep 2024
Germany's DBV bank union on Thursday warned of massive job cuts if UniCredit and Commerzbank merge, and said that the German government has a special responsibility to preserve jobs rather than cash i
Explainer: ECB's role in any UniCredit and Commerzbank combination
07:29am, Thursday, 19'th Sep 2024
UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to potentially raise this to 29.9%, sources told Reuters, while saying it would be open
UniCredit has Germany's trust, won't go hostile on Commerzbank, CEO tells paper
02:46am, Thursday, 19'th Sep 2024
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO said in a newspaper interview, ruling out any "aggressive" moves such as an
What buying Commerzbank would mean for UniCredit — and the banking sector
01:02am, Thursday, 19'th Sep 2024
Last week, UniCredit announced it had taken a 9% stake in Commerzbank, confirming that half of this shareholding was acquired from the government. UniCredit continues to surprise markets with some ste
Italy in favour of UniCredit-Commerzbank deal as long as HQ stay in Italy
01:48pm, Wednesday, 18'th Sep 2024
Italy's government sees favourably UniCredit's efforts to build a large European banking group through a merger with Germany's Commerzbank as long as the Milanese bank keeps its central functions in I
