The move drew stiff rebukes from the German government, which “assumed” any deal was all but dead a month ago. UniCredit said the stake bump does not affect its offer to buy Banco BPM.

ANSA

Italy

UniCredit ups Commerzbank stake to 28%, irking Berlin

Here you can find information on the topic of “private customer business”. Read now “Commerzbank wants to improve advice in branches”.

Hier finden Sie Informationen zu dem Thema „Privatkundengeschäft“. Lesen Sie jetzt „Commerzbank will Beratung in Filialen verbessern“.

Privatkundengeschäft: Commerzbank will Beratung in Filialen verbessern

Media Bias/Fact Check

Zeit Online

Holtzbrinck Publishing Group

Germany

Private customer business: Commerzbank wants to improve advice in branches

UniCredit said Wednesday that it has upped its stake in Commerzbank from 21% to 28% , a move that will boost speculation the Italian bank is set to take over the German lender and which has irked the German government. (ANSA)

Unicredit CEO Andrea Orcel has duped the German government – once again. In the takeover poker for Commerzbank, the bank's CEO seems to be ignoring agreements with Berlin and reservations in Frankfurt. Can he still be stopped?

Unicredit-Chef Andrea Orcel hat die Bundes­regierung düpiert – mal wieder. Im Übernahmepoker um die Commerzbank scheint der Bankenchef auf Absprachen mit Berlin und Vorbehalte in Frankfurt zu pfeifen. Ist er noch zu stoppen?

Commerzbank-Übernahme: Wut auf den Mann aus Mailand

rnd.de

Commerzbank takeover: Anger at the man from Milan

Italian bank UniCredit said on Wednesday that it had increased its exposure to Commerzbank to 28% with the help of derivatives, CNBC reported.

Banca italiană UniCredit a trasnmis miercuri că şi-a mărit expunerea în Commerzbank, până la 28% cu ajutorul instrumentelor derivate, scrie CNBC....

Germania este încolţită: Grupul italian UniCredit şi-a majorat expunerea la Commerzbank până la 28%, în ciuda ostilităţii guvernului de la Berlin. Demiterea cancelarului german Olaf Scholz prin moţiune de cenzură ar putea deschide calea preluării băncii

ZF.ro

Ilfov County

Romania

Germany is in the doldrums: Italian group UniCredit has increased its exposure to Commerzbank to 28%, despite hostility from the Berlin government. The dismissal of German Chancellor Olaf Scholz in a motion of censure could pave the way for the takeover o

LVZ - Leipziger Volkszeitung

Leipzig

Sachsen

Le gouvernement allemand a critiqué mercredi la nouvelle montée de la banque italienne UniCredit au capital de sa rivale allemande Commerzbank, y voyant une action «non concertée et inamicale».

pme.ch

Commerzbank: Berlin dénonce une action "inamicale" d'UniCredit

The Italian UniCredit has secured 28 percent of Commerzbank's voting rights. This has not gone down well with the German government. A spokesman described "hostile takeovers" in the banking sector as inappropriate.

Die italienische UniCredit hat sich 28 Prozent der Commerzbank-Stimmrechte gesichert. Das kommt in der deutschen Bundesregierung gar nicht gut an. Ein Sprecher bezeichnete „feindliche Übernahmen“ im Bankensektor als nicht angemessen.

Commerzbank: Bundesregierung reagiert empört auf „unfreundliche Methoden“ von UniCredit

manager magazin

Commerzbank: Federal government reacts indignantly to UniCredit’s “unfriendly methods”

By Valentina Za, Rachel More and Tom Sims MILAN/BERLIN (Reuters) -Germany rejected UniCredit’s latest Commerzbank stake increase as an “uncoordinated and unfriendly approach” on Wednesday, strongly rebuking the Italian bank. UniCredit, which angered Berlin when it emerged as Commerzbank’s biggest private investor in September, said it had raised its stake in Commerzbank to 28% using […]

Global Banking & Finance Review

Germany rejects UniCredit's latest Commerzbank stake hike in strongest rebuke yet

Norbolsa Market Consensus  Germany strongly criticized Unicredit’s increase in stake in Commerzbank and described it as uncoordinated and hostile, after the Italian bank increased its share in German to 28% on Wednesday. They criticize that Unicredit was initially not going to take action until the federal elections; now Unicredit is waiting for the ECB’s authorization to obtain up to 29.9%.

Consenso del Mercado Norbolsa | Alemania criticaba fuertemente el aumento de participación de Unicredit en Commerzbank y la calificacomo descoordinada y hostil, después de que el miércoles el banco italiano aumentara al 28% la participación en el alemán. Critican que en un principio Unicredit no iba a tomar medidas hasta las elecciones federales; ahora, Unicredit se encuentra a la espera de la autorización del BCE para obtener hasta el 29,9%.

Noticias Bolsas internacionales Alemania critica el aumento de la participación de Unicredit en Commerzbank hasta el 28%

Consenso del Mercado

News International Stock Exchanges Germany criticizes Unicredit's increase in stake in Commerzbank to 28%

The news this morning that the Italian bank UniCredit has already increased its direct and indirect stake in the German Commerzbank to 28% through derivatives transactions, was very much a shock in Berlin because the German government spokesman used unusually harsh terms in which he indicated the German government's rigid rejection of the planned bank merger transaction.

Arra a ma reggeli hírre, hogy az olasz UniCredit bank már 28%-ra növelte a közvetlen és közvetett részesedését származtatott ügyleteken keresztül a német Commerzbankban, igencsak kiakadtak Berlinben, mert a német kormányszóvivő szokatlan kemény kifejezéseket használt, amelyben jelezte a német kormány merev elutasítását a tervezett bankátvételi ügyletre.

UniCredit pivots back to Commerzbank, increases stake to 28%

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