UniCredit Stake in Commerzbank Reaches 34.4%
32 Articles
32 Articles
In the fight for the takeover, the Italian Unicredit has reached an intermediate goal. Despite political resistance, the fact that the Frankfurt Institute remains independent is becoming increasingly unlikely.
The Ops is 7.6%. The Orcel Institute: "Demonstrate the value of our proposal"
Unimpressed by the resistance in Germany, Unicredit is expanding its share of Commerzbank. Now the bank in Milan is crossing the next important threshold.
UniCredit has increased its stake in the German Commerzbank to 34.35 percent. The major Italian bank reported this on Tuesday. Increasing the stake above 30 percent is an important step for the Italian bank.
The hostile takeover of Commerzbank by UniCredit is progressing. Italians are expanding their share to more than 34 percent, thus exceeding the important 30 percent threshold.
The Italian bank Unicredit is pushing for a takeover of Commerzbank. The money house from Frankfurt has so far rejected an offer to buy. Meanwhile, the Milanese are expanding their shares - and could thus increasingly gain power.
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