Thursday, September 19, 2024
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Commerzbank

Explainer-ECB’s role in any UniCredit and Commerzbank combination

FRANKFURT (Reuters) - UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to potentially raise this to...

Unicredit and German government talk after Commerzbank stake purchase, source says

BERLIN (Reuters) -German government officials and UniCredit bankers have held talks after the Italian lender bought a 9% stake in Commerzbank, a German government...

European banks rise as UniCredit’s move on Commerzbank lifts M&A prospects to forefront

By Gianluca Lo Nostro and Philippe LeroyBeaulieu(Reuters) - Shares in European banks continued their upward trend on Thursday, mostly driven by the read-across from...

Commerzbank management seeks to remain independent, fend off potential takeover, source says

By Tom Sims and John O'DonnellFRANKFURT (Reuters) - Commerzbank's board discussed how to keep the German lender independent and explored defense strategies amid a...

Hurdles to M&A in Europe’s fragmented banking sector

By Tommy Reggiori Wilkes and Prinz Magtulis(Reuters) - UniCredit's purchase of a stake in Commerzbank has fuelled speculation about further European banking consolidation, after...

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