Commerzbank AG Sponsored ADR (CRZBY)
UniCredit's bid for Commerzbank is next 'logical step', analyst says
Arnaud Journois, senior vice president of European Financial Institution Ratings at Morningstar DBRS, says there is "double logic" behind UniCredit's bid for Commerzbank as the Italian lender seeks to grow its business.
Exclusive: Commerzbank poised to put CFO Orlopp in charge of talks with UniCredit, sources say
Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank's supervisory board meets next week, two people with knowledge of the matter said.
German government should hold onto Commerzbank stake and reflect calmly, CFO says
The German government should hold onto its Commerzbank share and reflect calmly on the situation, the German lender's finance chief said on Tuesday.
German finance ministry to continue selling off Commerzbank shares, Bloomberg News reports
The German finance ministry remains committed to selling its entire stake in Commerzbank , despite UniCredit's interest in potentially buying the lender, Bloomberg News reported on Tuesday.
UniCredit to seek ECB approval to potentially buy up to 30% of Commerzbank, sources say
UniCredit will seek ECB clearance to potentially buy up to 30% of Commerzbank , three people close to the matter said, in order to have the "flexibility" the Italian bank's CEO Andrea Orcel said he needs to plan his next move.
Commerzbank snubs overtures for UniCredit takeover
The chief executive of Germany's Commerzbank snubbed overtures for a takeover by Italy's UniCredit , saying on Monday he had his own plans for the bank and hoped it could stay independent.
Unicredit, Commerzbank merger would add value for all stakeholders, Orcel tells Handelsblatt
A merger of Italy's Unicredit and Germany's Commerzbank would add value for all stakeholders and create a much stronger competitor in the German banking market, Unicredit CEO Andrea Orcel told Handelsblatt in an interview published on Monday.
Exclusive: Unicredit and German government talk after Commerzbank stake purchase, source says
German government officials and UniCredit bankers have held talks after the Italian lender bought its 9% stake in Commerzbank , a German government source said on Friday.
UniCredit's Commerzbank swoop fires up divisive debate in Germany
UniCredit's opening gambit in a takeover play for Commerzbank has rekindled a debate about the future of German banking, prompting Berlin to pause selling shares in the lender and turning the spotlight on Deutsche Bank as a possible rival suitor.
UniCredit's Andrea Orcel plays a bold hand, with Commerzbank in his sights
On Wednesday, UniCredit revealed it had built a 9% stake in Frankfurt-based counterpart Commerzbank. Now speculation has shifted to whether a full takeover of Commerzbank by UniCredit is likely.
Commerzbank, UniCredit shares extend gains as Orcel lays out plans
Commerzbank and UniCredit shares extended gains on Thursday after the Italian bank's CEO Andrea Orcel laid out plans to buy more of its German rival or even take it over, fuelling speculation about further dealmaking in the region.
How UniCredit swept up a stake in Commerzbank in bid to grow in Germany
It was late on Tuesday evening in Europe and investors' suspicions were growing. The German government's efforts to sell Commerzbank shares in a market placement, on the face of it, a simple task, were stalling.
