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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 ...
UniCredit Chief Executive Andrea Orcel isn't giving up on buying Commerzbank. The Italian bank he leads said Wednesday that it had increased its stake in the German rival, mostly through ...
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. Stream Los Angeles News ...
UniCredit CEO Andrea Orcel said a deal with Germany’s Commerzbank is the best outcome he sees — but it’s not the only one. Appearing Wednesday at a conference in London, Orcel laid out what ...
UniCredit's CEO Andrea Orcel revealed his hand this week as the Italian lender built a 9% stake in Commerzbank — and a takeover bid for the German rival could still be in the cards.
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.
Italy's UniCredit said on Wednesday it has raised its potential stake in Commerzbank to 28% using further derivatives. Investors are watching whether UniCredit will take the leap with a buyout of ...
Andrea Orcel has teed up UniCredit for a potential takeover of rival Commerzbank. He wants to build something Europe lacks—a banking champion.
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. Stream Connecticut News ...
CNBC has reached out to Commerzbank for comment. The German bank posted better-than-expected results in the first quarter, when net profit surged by an annual 29%.. Orcel insisted that his bank ...
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