UniCredit CEO Delays Commerzbank Decision on Price Uncertainty
UniCredit SpA Chief Executive Officer Andrea Orcel has given himself even longer to decide if he really wants to buy Commerzbank AG.
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.
UniCredit gets ECB's nod for Commerzbank, says decision in 2026
The European Central Bank has given UniCredit the green light to buy up to 29.9% of Commerzbank, the Italian bank said, adding it would likely wait until next year before deciding whether to pursue a full takeover.
UniCredit gets ECB nod on Commerzbank, but merger still faces hurdles
Italian banking giant UniCredit announced on Friday it had received approval from the European Central Bank (ECB) to increase its stake in Commerzbank,
UniCredit wins ECB approval for Commerzbank stake
Italy’s UniCredit has received the go-ahead from the European Central Bank to increase its stake in German rival Commerzbank to up to 29.9 per cent, but said the timeline for deciding on any potential takeover was likely to “extend well beyond the end of 2025”.
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 possible takeover of its German rival.
UniCredit poised to get ECB nod for Commerzbank stake in days
Germany, which still owns about 12% in Commerzbank, will need some time to form a government after snap elections last month.
ECB authorizes UniCredit to increase Commerzbank stake to 29.9%
UniCredit (UNCRY) has received ECB authorization to acquire a direct stake in Commerzbank (CRZBY) of up to 29.9%. UniCredit said: “However,
UniCredit Gets ECB Green Light to Raise Commerzbank Stake
The Italian bank said it had received authorization to increase its holding in the potential takeover target to up to 29.9%.
ECB allows Italy's UniCredit to up stake in Commerzbank to 29.9%
The European Central Bank (ECB) has authorized Italian banking group UniCredit SpA to increase its direct stake in German lender Commerzbank to 29.9%, UniCredit said on Friday. UniCredit said there are still many factors that will determine any further steps and their associated timeline.
Explainer: What is next in Italy's banking saga?
The raft of takeover attempts rocking Italy's financial sector will be put to a market test in the coming months, when ...
Bloomberg L.P.17d
UniCredit Raises Orcel’s Pay By a Third After Record Year
UniCredit SpA increased Chief Executive Officer Andrea Orcel’s pay by one third, further cementing his status as one of Europe’s best-paid bank chiefs after he led the Italian bank to a record ...
The Financial Times23d
Andrea Orcel says Ukraine breakthrough could unlock sale of UniCredit’s Russia unit
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UniCredit could accelerate its exit from Russia if there is a breakthrough on the Ukraine war, its chief ...
U.S. News & World Report17d
UniCredit CEO Orcel's Annual Pay Jumps by 30% to 13 Million Euros
MILAN (Reuters) - UniCredit Chief Executive Andrea Orcel's pay package rose by almost a third last year to 13.2 million euros ($13.8 million) including a one-off share award, the Italian bank said ...