German Govt Won't Sell More Commerzbank Shares
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 to any UniCredit SpA bid.Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityThe Moonshot Plan to Eliminate Deaths on America’s RoadsCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughNew York City’s Transit System Plans $65.
Germany to hold onto Commerzbank stake as lender aims for independence
Germany will not sell any more shares in Commerzbank for the time being and the bank's strategy is "geared towards independence," the nation's finance agency said on Friday.
German Finance Ministry Plans to Keep Selling Commerzbank Shares
The German Finance Ministry is sticking to a plan to sell off its entire stake in Commerzbank AG despite UniCredit SpA’s move to buy all the shares offered last week, according to people familiar with the matter.
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.
Germany Investigates Its Own Handling of Commerzbank Stake Sale
The German government has started an internal probe into its Commerzbank AG share sale after the transaction allowed UniCredit SpA to swoop in and take a major stake in the lender.
UniCredit May Repeat Germany Cost Cuts at Commerzbank, KBW Says
UniCredit SpA has demonstrated at its existing German unit that it can cut costs in the country, which bodes well for its potential plans for Commerzbank AG, analysts at KBW wrote in a note.
UniCredit buys Commerzbank stake from Germany, rekindling merger speculation
Italy's UniCredit said on Wednesday that it had acquired a 9% stake in Germany's Commerzbank and will "explore value creating opportunities for all stakeholders in both banks". The purchase by Italy's No.
UniCredit Acquires 9% Stake in Commerzbank
Commerzbank AG shares rallied yesterday after its Italian counterpart UniCredit S.p.A acquired a 9% stake in the German lender. This includes a 4.5% stake bought from the open mar
German Govt Won't Sell More Commerzbank Shares 'For Time Being'
The German government said Friday it had decided not to sell off any more of its Commerzbank shares "for the time being", after Italy's UniCredit unexpectedly built up a nine-percent stake in the German lender.
German Government Decides Not to Sell Any More Shares in Commerzbank for Now
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