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UniCredit CEO Andrea Orcel and German Finance Minister Lars Klingbeil exchanged letters over the future of Commerzbank AG, ...
The CEO of UniCredit renewed his push to merge the Italian bank with its German rival Commerzbank , attempting to make his ...
The chief executive of UniCredit said in a newspaper interview on Friday the Italian bank was likely to withdraw its offer ...
UniCredit SpA Chief Executive Officer Andrea Orcel effectively ruled out making an offer for Commerzbank AG at the current price, saying such a move wouldn’t add value after a rally in the stock.
MILAN (Reuters) -UniCredit CEO Andrea Orcel said on Wednesday he currently saw little scope to advance his acquisition strategy, given that Commerzbank had become too pricey and Italy was effectively ...
Spain, Italy and Germany stymied $70 bln of takeovers by BBVA and UniCredit. Low offers and hostile tactics stoked political fire and made it easy for governments to intervene. Consolidation will go ...
MILAN (Reuters) -UniCredit CEO Andrea Orcel said on Wednesday he currently saw little scope to advance his acquisition strategy, given that Commerzbank had become too pricey and Italy was ...
UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. UniCredit has built a ...
Orcel insisted that his bank was initially invited to bid on Commerzbank — yet UniCredit's play has been met with continuous resistance from both the German lender and the Berlin administration ...