Italy's UniCredit said on Wednesday that it had acquired a 9% stake in Germany's Commerzbank and will "explore value creating ...
UniCredit’s raid to buy 9% of Commerzbank gives Deutsche three choices — all unattractive. But one is clearly less bad than ...
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
The German Finance Ministry is sticking to a plan to sell off its entire stake in Commerzbank AG despite UniCredit SpA’s move ...
The offer price was €12.48 — less than a 1 per ... speculation about UniCredit’s strategic intentions had catapulted ...
Commerzbank AG shares rallied yesterday after its Italian counterpart UniCredit S.p.A acquired a 9% stake in the German lender. This includes a 4.5% stake bought from the open mar ...
With a 20% premium, Commerzbank is "comfortably the most accretive option for UniCredit" with a 25% boost to earnings per ...
Gold rises to new highs after the Fed's 50-basis-point interest rate cut. According to Fed Funds Futures, a further interest rate cut of 50 basis points is to happen in either November or December. As ...
The upside potential in the Gold market may have been largely exhausted after the new record high of $2,600 per troy ounce, ...
"We think a full takeover of Commerzbank could make financial and strategic sense for UniCredit," KBW analysts said. UniCredit's share price has quadrupled since Orcel's arrival as CEO in April ...
The acquisition price was €13.20 per share, significantly higher than Commerzbank’s market price of €12.60 at the close on Tuesday. The bank's shares soared 20%, reaching a peak of €15.22 ...