Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no ...
1 Day UNCRY 0.51% DJIA -0.16% S&P 500 -0.21% Financial Services 1.96% ...
Commerzbank AG stepped up its rhetoric against the approach from UniCredit SpA, further complicating the situation for the ...
The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of ...
Since the Italian bank Unicredit systematically began acquiring shares in the German Commerzbank, relations between the two major European financial institutions have grown frosty. In a statement, the ...
The Italian bank acquired the additional Commerzbank shares through financial instruments, it said in a Monday statement. Earlier this month, UniCredit announced it had taken a 9% stake in ...
"UniCredit is currently merely an investor in Commerzbank, and all statements about what could happen the future is pure speculation," the bank, which is rated as "systemically important" by the ...
Commerzbank (CRZBY) called UniCredit’s (UNCRY) approach for a possible tie-up as “hostile,” adding that there had been no talks about it with ...