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Germany's Commerzbank wants formal proposal before UniCredit takeover
Germany's Commerzbank has demanded a formal written proposal amid a potential takeover by Italian bank UniCredit. "We have always signalled our willingness to talk and would examine a proposal from UniCredit in the interests of all stakeholders,
Commerzbank says UniCredit's approach is hostile and unilateral
Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no discussion of it with the Italian bank in the past two years, despite UniCredit CEO Andrea Orcel saying there had.
Commerzbank CEO rejected to meet with UniCredit CEO for deal talks, FT says
CEO Bettina Orlopp rejected an invitation from Andrea Orcel to hold talks about a potential tie-up with UniCredit (UNCRY)
12h
Commerzbank boss refused to meet UniCredit chief for informal deal talks
Commerzbank chief Bettina Orlopp shot down an invitation from Andrea Orcel to hold informal talks about a potential tie-up ...
3d
Orcel Says He Can Drop Commerzbank Deal If There’s No Value
UniCredit SpA Chief Executive Officer Andrea Orcel made clear he won’t seek to acquire Commerzbank AG at all costs.Most Read ...
1d
on MSN
Germany's finance minister slams UniCredit's ‘very aggressive' bid for Commerzbank
The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of ...
FIRSTonline
3d
Unicredit, Orcel: "Ready to withdraw on Commerz if there is no value, on Banco Bpm we will convince the Government"
In an interview with Bloomberg TV, Unicredit CEO Andrea Orcel said that the Commerzbank operation "is excellent for everyone, ...
2d
UniCredit’s Orcel Surprised by German Backlash Over Commerzbank
UniCredit SpA Chief Executive Officer Andrea Orcel said he was surprised by the backlash in Germany over his efforts to ...
6d
on MSN
Commerzbank explores thousands of job cuts in answer to Andrea Orcel
Commerzbank is exploring cutting thousands of jobs as it seeks to fend off unwanted advances from Italy’s UniCredit, ...
3d
UniCredit Chief Willing To Walk Away From Commerzbank Bid
Italy's UniCredit bank said on Tuesday it would not rush a possible takeover of German rival Commerzbank and was willing to walk away but would wait first for the German election's outcome.
2d
UniCredit CEO Says Price Offered for Banco BPM Is ‘Starting Point’
UniCredit SpA Chief Executive Officer Andrea Orcel indicated he’s open to sweetening the takeover bid he has made for domestic rival Banco BPM SpA.
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Commerzbank
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