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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.

The Wall Street Journal on MSN · 2d

UniCredit Gets ECB Greenlight to Raise Stake in Commerzbank

The Italian bank said it had received authorization to increase its holding in the potential takeover target to up to 29.9%.

FStech · 2d

UniCredit gets ECB approval to raise Commerzbank stake, delays decision on takeover

UniCredit has received authorisation from the European Central Bank to increase its stake in German lender Commerzbank to up to 29.9 per cent, marking a significant step in what could become Europe's

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 ...

Yahoo Finance26d

Commerzbank to rent new Frankfurt skyscraper despite Unicredit bid

"Alongside the Commerzbank Tower, the new building will be an important anchor for Commerzbank in Frankfurt's city centre," Commerzbank human resources chief Sabine Minarsky said.

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Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit

UniCredit now owns a direct 9.5% stake and a 18.5% stake via derivatives in Commerzbank, after first building its stake in September, then subsequently increasing its position. The move has been ...

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UniCredit gets ECB nod on Commerzbank stake

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