UniCredit interest gives German bank merger a push CGAThompson
Italy’s UniCredit is preparing a bid to take control of Commerzbank amid signs that plans to merge the German lender with peer Deutsche bank are encountering difficulties, the Financial Times reported on April 4 citing several people familiar with the matter.
UniCredit’s plan envisages buying a sizeable stake in Commerzbank and merging it with its German-based lender HypoVereinsbank, the report said.UniCredit, Commerzbank and Deutsche Bank declined to comment on the Financial Times report. Shares in UniCredit were down 1.6 percent at 11.99 euros by 0800 GMT on April 4. Commerzbank shares were up 2.8 percent at 7.40 euros.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
UniCredit reportedly ready to make rival bid for Commerzbank if Deutsche talks failUniCredit is reportedly ready to make a rival bid for Commerzbank if merger talks with fellow German lender Deutsche Bank fail.
Baca lebih lajut »
German payments-company Wirecard is suing the Financial Times for its coverageWirecard has been the focus of a series of articles in the Financial Times in which the company alleges it used and misrepresented its business secrets.
Baca lebih lajut »
Cost of Boeing groundings rises as TUI takes $200 million-plus hitAnglo-German tour operator TUI became the latest Boeing 737 MAX operator to warn...
Baca lebih lajut »
German train car arrives in New York for Auschwitz exhibit
Baca lebih lajut »
Trump keeps lying about his ancestryPresident Trump continues to insist his father was born in Germany, when that simply isn't true.
Baca lebih lajut »
Deutsche Bank goes bearish on sterling and raises the odds of a no-deal BrexitThe German lender still favors a general election as the most likely outcome.
Baca lebih lajut »
Merkel says she still hopes a Brexit solution can be foundGerman Chancellor Angela Merkel said on Tuesday she hoped for a solution to Brit...
Baca lebih lajut »
Law firm of Cristiano Ronaldo loses trial against the SpiegelThe dispute over the German magazine Der Spiegel articles on tax avoidance by the star footballer went on for two years. On Tuesday, the lawsuit came to an end – in favor of the magazine.
Baca lebih lajut »
Euro stuck near $1.12 after weak German dataThe euro remained stuck near a one-month low on Thursday as more signs of weakne...
Baca lebih lajut »
Germany's Merkel to meet border residents on Brexit visit to IrelandGerman Chancellor Angela Merkel will meet residents who live along the border be...
Baca lebih lajut »