Andrea Orcel CEO UniCredit

UniCredit has Germany's trust, won't go hostile on Commerzbank, CEO says

UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO said in a newspaper interview, ruling out any "aggressive" moves such as an unsolicited buyout bid.

EconoTimes · 5d

UniCredit CEO Orcel Says Merger with Commerzbank Could Boost Shareholder Value

UniCredit CEO Andrea Orcel stated that a merger with Commerzbank could deliver substantial value for stakeholders, strengthening both banks in the German market. Orcel highlighted potential savings in central

Barron's · 2d

Italy's UniCredit CEO Rules Out Commerzbank Takeover Bid

The CEO of Italian lender UniCredit ruled out a takeover bid for Germany's Commerzbank in an interview published Thursday, but confirmed he was seeking central bank permission to increase its stake to 29.

devdiscourse2d

Andrea Orcel's Bold Move: Breaking Down Barriers in European Banking

Andrea Orcel, UniCredit's CEO, aims to break European political resistance to cross-border mergers through a bold stake in Commerzbank. Orcel's efforts may face obstacles from national politics and ...

NBC Chicago10d

UniCredit's Andrea Orcel plays a bold hand, with Commerzbank in his sights

"All the options are on the table," Orcel said Thursday in a Bloomberg TV interview. UniCredit's CEO Andrea Orcel revealed his hand this week as the Italian lender built a 9% stake in ...

10d

Exclusive-UniCredit CEO Approaches Commerzbank to Explore Merger Talks, Source Says

FRANKFURT (Reuters) - UniCredit CEO Andrea Orcel approached German lender Commerzbank's management earlier on Wednesday ...

Barron's10d

UniCredit CEO Says Commerzbank Takeover An Option: Bloomberg

UniCredit is studying a takeover of Commerzbank, Chief Executive Andrea Orcel said Thursday, a day after Italy's second-largest bank surprised markets by revealing a nine-percent stake in its ...

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