UniCredit said it was increasing to 278 million, from a previous 266 million, the maximum number of new shares to be issued ...
Earlier on Friday, the Financial Times newspaper reported that Commerzbank CEO Bettina Orlopp had rejected an invitation from UniCredit CEO Andrea Orcel to hold informal talks about a potential ...
With UniCredit's share price up six-fold since Orcel's arrival in 2021, that would replenish its coffers at a time when it has stepped up its bets on Italian finance. After years of record profits ...
Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by ...
Italian lender UniCredit's "very aggressive, very opaque" bid for Commerzbank has been criticized by Germany's Finance Minister Jörg Kukies, who stressed that hostile takeovers don't usually work.