Commerzbank to hold first meeting with UniCredit on Friday
Commerzbank will “exchange views” with UniCredit in a first meeting on Friday, incoming chief executive Bettina Orlopp told investors, as the German lender attempted to woo them with promises to lift profits and payouts to shareholders more than previously expected.
Factbox-What Might a Combination of UniCredit and Commerzbank Look Like?
At 61 billion euros ($68 billion), UniCredit's market value is roughly three times Commerzbank's 19 billion euros. Shares in Germany's second-biggest publicly-listed bank have gained 30% since UniCredit unveiled its initial holding on Sept. 10, as markets bet on a full takeover.
UniCredit chief Andrea Orcel attended a virtual meeting the Italian bank held on Friday with Commerzbank after becoming the ...
A merger between UniCredit SpA and Commerzbank AG is likely, despite opposition from the German government, according to ...
Shares of Commerzbank, the German bank being pursued by Italy’s UniCredit, soared on Thursday after it forecasted improving ...
Commerzbank has long been an also-ran in European banking. Its balance sheet is roughly one-fifth as large as French rival ...
Andrea Orcel suggested Commerzbank AG could be a lot more successful if it was remade to look more like UniCredit SpA’s ...
Commerzbank AG’s supervisory board has mandated UBS Group AG to help it navigate a potential takeover bid from UniCredit SpA, ...
Executives from BNP Paribas and BBVA weighed in on the state of M&A and offered differing theories about why the continent is falling short globally against Wall Street.
The incoming chief executive officer of Commerzbank AG is set to discuss with UniCredit SpA officials how to work together, ...
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