Unicredit Raises Commerzbank Stake by More Than 10 Percentage Points
6 Articles
6 Articles
Despite a supposedly unattractive offer, the Italian money house has increased its participation in the Frankfurt Institute. However, the obstacles to a complete takeover are still high.
Unicredit Raises Commerzbank Stake by More Than 10 Percentage Points
Italian banking group Unicredit has increased its prospective stake in Commerzbank despite its takeover offer remaining significantly below the German lender's current market valuation. It remains unclear who has tendered the shares.
UniCredit advances in its opa over Commerzbank. The entity led by Andrea Orcel has declared this Tuesday that the percentage of acceptance to its offer has increased to...
Moneycab
echo-online.deAfter the Milan money house had held 26.77 percent of Commerzbank's shares, its stake in the shares would now increase to 37.68 percent.
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