The government said it won't offload any additional shares in the bank following the sale to UniCredit for EUR702 million. The move marks an U-turn for the government. Governor Michelle Bowman, who ...
The German government said Friday it had decided not to sell off any more of its Commerzbank shares "for the time being", after Italy's UniCredit unexpectedly built up a nine-percent stake in the ...
Germany will not sell any more shares in Commerzbank for the time being and the bank's strategy is "geared towards ...
Germany won’t sell any more shares in Commerzbank AG, a move that demonstrates the depth of opposition in Berlin to any takeover by Italian rival UniCredit SpA.
Government signals no plans for further share sales amidst UniCredit's surprising move, with Commerzbank focused on staying ...
The German government--the biggest shareholder in Commerzbank--said Friday that it won't offload any additional shares in the bank following the sale to UniCredit for 702 million euros ($783.5 million ...
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The ...
By Tom Sims and Christian Kraemer FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on ...
Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, warning that two-thirds of the jobs at the German lender could be cut in a ...
FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on the German government to oppose a ...
A reverse takeover of Commerzbank, through which it would buy UniCredit's German unit HypoVereinsbank--making the Italian lender its largest shareholder--would tick a number of boxes, RBC Capital ...
The German government’s decision to offload about a quarter of its holding in Commerzbank AG is driving another wedge into ...