Germany to hold onto Commerzbank stake as lender aims for …
WEB1 day ago · Germany will not sell any more shares in Commerzbank for now and the bank's strategy is "geared towards independence," the country's Finance Agency said on Friday, in the clearest sign yet that ...
Commerzbank Stake Sale Drives New Wedge in Scholz Coalition
WEB2 days ago · Updated on. September 20, 2024 at 11:29 AM EDT. Save. The German government’s decision to offload about a quarter of its holding in Commerzbank AGis driving another wedge into Chancellor Olaf ...
German Government Won’t Sell More Commerzbank Shares for …
WEB1 day ago · 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.
German Ministry Plans to Keep Selling Commerzbank Shares
WEB4 days ago · September 18, 2024 at 2:35 AM EDT. Save. The German Finance Ministry is sticking to a plan to sell off its entire stake in Commerzbank AGdespite UniCredit SpA’s move to buy all the shares ...
Germany Investigates Its Own Handling of Commerzbank Stake …
WEB2 days ago · UniCredit Chief Executive Officer Andrea Orcel managed to build a 9% stake in Commerzbank, turning the Italian bank into the second-largest shareholder overnight. Orcel seized on Germany’s first ...
UniCredit CEO approaches Commerzbank about merger after …
WEBFRANKFURT/MILAN, Sept 11 (Reuters) - UniCredit's (CRDI.MI) CEO approached Commerzbank about exploring merger talks on Wednesday, a source with knowledge of the matter said, after Italy's...
Commerzbank shares surge after UniCredit's latest stake acquisition
WEBSep 12, 2024 · Shares of Commerzbank, Germany's second-largest bank, surged 17% following news that the Italian lender UniCredit had acquired a 9% stake in the bank on Wednesday. The acquisition price was...
Germany won’t sell more Commerzbank shares for now, finance …
WEB1 day ago · Germany will not sell any more shares in Commerzbank for the time being and the bank's strategy is "geared towards independence," the nation's finance agency said on Friday.
Commerzbank shares up after UniCredit buys stake from German …
WEBSep 11, 2024 · A customer enters a Commerzbank AG bank branch in Berlin, Germany, on Tuesday, Aug. 6, 2024. Commerzbank shares jumped on market open on Wednesday, after Italian bank UniCredit acquired a 4.5% ...
Germany to Keep Commerzbank Shares After UniCredit Takes …
WEB1 day ago · 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 ...