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Germany to hold onto Commerzbank stake

The Wall Street Journal on MSN · 12h

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.

Reuters on MSN · 11h

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.

Bloomberg L.P. · 13h

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,

UniCredit, Commerzbank

The Financial Times · 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 “unfriendly act.” The person added it was “nonsensical” for UniCredit’s chief executive Andrea Orcel to argue the German government welcomed his bid.

Bloomberg L.P. · 1d

UniCredit Should Move Soon on Commerzbank, JPMorgan Analysts Say

UniCredit SpA should act quickly if it wants to be successful in a potential acquisition of Commerzbank AG, according to analysts at JPMorgan Chase & Co.

CNBC on MSN · 2d

What buying Commerzbank would mean for UniCredit — and the banking sector

Analysts have welcomed the move by UniCredit, particularly because a tie-up between the two banks might spur more M&A activity in Europe's banking sector.

12h

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 ...

1d

UniCredit has Germany's trust, won't go hostile on Commerzbank, CEO says

UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...

'We See Potential' In Commerzbank Merger: Unicredit Boss

(MENAFN- Jordan Times) FRANKFURT, Germany - UniCredit CEO Andrea Orcel openly acknowledged Monday that he was in favour of a ...

23h

Commerzbank Stake Sale Drives New Wedge in Scholz Coalition

The German government’s decision to offload about a quarter of its holding in Commerzbank AG is driving another wedge into ...

13h

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 ...

1dIn Depth

Explainer: ECB's role in any UniCredit and Commerzbank combination

UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to ...

1don MSN

Commerzbank to provide bitcoin, ether trading to German corporate clients

Commerzbank (OTCPK:CRZBF) (OTCPK:CRZBY) is offering bitcoin (BTC-USD) and ether (ETH-USD) trading to its existing corporate ...

19h

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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