Commerzbank Warns Against UniCredit Acquisition

tz.de

mannheim24.de

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mannheim24.de

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The planned acquisition of Commerzbank by UniCredit has sparked a fierce debate about Germany's sovereignty. Commerzbank Vice-President Kotzbauer warns of the consequences.

Zeit Online

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UniCredit pursues "a very own interest" in a low price of Commerzbank shares, says its vice-chairman. This leads to disadvantages for other shareholders.

Capital.de

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European bank shares were among the top performers in the first half of the year. In Germany, the attempt by Unicredit to buy Commerzbank led to price gains. Analysts are now slowing down euphoria.

berliner-sonntagsblatt.de

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Commerzbank board member Michael Kotzbauer has warned of the consequences of a potential takeover by major shareholder Unicredit. "Unicredit evidently has a vested interest in a lower share price for Commerzbank if it continues to pursue its takeover goal – much to the detriment of the remaining shareholders and other stakeholders," the deputy head of Germany's second-largest private bank told the "Süddeutsche Zeitung" (Thursday edition). Furthe…