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Germany to hold onto Commerzbank stake
Germany to hold onto Commerzbank stake as lender aims for independence
Germany will not sell any more shares in Commerzbank for now and the bank's strategy is "geared towards independence," the country's Finance Agency said on Friday, in the clearest sign yet that the government doesn't currently favour a takeover of the nation's No.
Germany to Keep Commerzbank Shares After UniCredit Takes Stake
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The move marks an U-turn for the government.
German Government Won’t Sell More Commerzbank Shares for Now
The German government has decided not to sell any more shares in Commerzbank AG for the time being. “At its meeting on Sept. 20, the interministerial steering committee responsible for key decisions of the Financial Market Stabilisation Fund decided that the FMS will not,
1h
Germany Halts Commerzbank Share Sales to Block Any UniCredit Bid
The German government won’t sell any more shares in Commerzbank AG for now, the strongest signal yet that Berlin is opposed ...
2h
Gobierno alemán no venderá más acciones de Commerzbank por ahora
El gobierno alemán decidió no vender más acciones de Commerzbank AG por el momento. “En su reunión del 20 de septiembre, el ...
1d
Berlin ‘very sceptical’ about UniCredit move on Commerzbank
Another person with direct knowledge of the matter said UniCredit’s “assault” on Commerzbank was perceived in Berlin as an ...
1d
German union appeals to Berlin to prevent Commerzbank sale to UniCredit
A German bank staff union on Thursday called on Berlin to prevent UniCredit from buying Commerzbank , warning of massive job ...
2d
Commerzbank Is Speeding Up CEO Succession After UniCredit Move
Commerzbank AG is looking to speed up the process to replace Chief Executive Officer Manfred Knof as it contends with a ...
2d
Exclusive-Commerzbank Poised to Put CFO Orlopp in Charge of Talks With UniCredit, Sources Say
FRANKFURT (Reuters) -Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank's ...
9h
Commerzbank Reverse Takeover Option Could Address Some Issues -- Market Talk
A reverse takeover of Commerzbank, through which it would buy UniCredit's German unit HypoVereinsbank--making the Italian lender its largest shareholder--would tick a number of boxes, RBC Capital ...
9h
Commerzbank Labor Representative Sees Two-Thirds of Jobs at Risk
Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, ...
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UniCredit
Germany
Frankfurt
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