- Bloomberg
UniCredit Investors Back CEO Orcel’s Pursuit of Commerzbank
(Bloomberg) -- Some of UniCredit SpA’s main investors support a full takeover of German rival Commerzbank AG, saying such a move would add value for shareholders.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceUS Driving and Congestion Rates Are Higher Than EverFrom Louisville, a Push to Plant Trees for Public HealthAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingAn outright
- Bloomberg
Bond Investors Bet on UniCredit Success in Commerzbank Takeover
(Bloomberg) -- Bond investors are starting to see an increasing likelihood that Italian lender UniCredit SpA will take over Commerzbank AG.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceFrom Louisville, a Push to Plant Trees for Public HealthUS Driving and Congestion Rates Are Higher Than EverAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingThe borrowing costs of the two maj
- Reuters
Regulators to scrutinise any Commerzbank-UniCredit deal, Nagel says
The head of Germany's central bank said on Friday that authorities would take a "very close look" at UniCredit's overtures to potentially buy Germany's Commerzbank, a sign that any deal would come under intense scrutiny. The comments by Joachim Nagel, head of the Bundesbank, are the most extensive by a top supervisor since Italy's second-largest bank swooped to take a 9% stake in Commerzbank. That move caught German authorities off guard and got a hostile reception from local management who want to fend it off.
