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UniCredit gets ECB nod on Commerzbank stake

UniCredit gets ECB's nod for Commerzbank stake though no bid decision imminent

The European Central Bank has given UniCredit the green light to buy up to 29.9% of Commerzbank , the Italian bank said on Friday, adding it would likely wait until next year before deciding whether to pursue a full takeover.

KPVI · 1d

UniCredit gets ECB nod on Commerzbank stake, but delays merger decision

Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to up its stake in Commerzbank, but warned there were still hurdles ahead before a

U.S. News & World Report · 1d

UniCredit Secures ECB's Approval for Commerzbank Stake

The European Central Bank has given UniCredit approval to buy up to 29.9% of Commerzbank, the Italian bank said on Friday, potentially paving the way for CEO Andrea Orcel to pursue a takeover of Germany's second-biggest listed bank.

UniCredit Pushes Back Timeline for Any Commerzbank Takeover

UniCredit received approval from the European Central Bank to lift its stake in Commerzbank to 29.9% but said it won’t launch a full takeover any time soon. The Italian lender, which [aims to build a ...

UniCredit vs Commerzbank: Key metrics for the two banks

1. The following are key metrics for the two banks. 2. Commerzbank's shares have soared since UniCredit began building its ...

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UniCredit gets ECB nod on Commerzbank stake

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