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,
German government does not want to sell any more Commerzbank shares
Following an expression of interest in Germany's Commerzbank by Italy's UniCredit, the German government does not want to sell any more of its Commerzbank shares for the time being. The decision was made by the steering committee in Berlin,
Analysts have welcomed the move by UniCredit, particularly because a tie-up between the two banks might spur more M&A ...
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
Another person with direct knowledge of the matter said UniCredit’s “assault” on Commerzbank was perceived in Berlin as an ...
The German government won’t sell any more shares in Commerzbank AG for now, the strongest signal yet that Berlin is opposed ...
UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to ...
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 ...
UniCredit’s raid to buy 9% of Commerzbank gives Deutsche three choices — all unattractive. But one is clearly less bad than ...
Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, ...
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