Germany Warming to UniCredit on Commerzbank Seen Bolstering Way for European Bank Deals

Deutschlandfunk

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In the acquisition of Commerzbank, which the Italian bank Unicredit is aiming for, the policy has now become active.

Zeit Online

Handelsblatt

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saarbruecker-zeitung.de

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volksfreund.de

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Here you will find information on the topic "Dax Group before Takeover". Read now "Rings around Commerzbank: Boris Rhein meets Unicredit CEO".

wz.de

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aachener-zeitung.de

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onetz.de

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op-online.de

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noz.de

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inFranken.de

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RN

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bbv-net.de

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A takeover of Commerzbank is approaching. Now, on a political level, movement is also coming into the struggle for Germany's second-largest private bank. It is about thousands of jobs and consequences for the financial centre.

Reporter.gr

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Germany’s move towards a deal with UniCredit and its CEO Andrea Orsel to buy Commerzbank, after years of methodical moves by the Italian banker, could prompt other European countries and banks to take a more positive view of a new wave of bank mergers. Until now, Germany had opposed UniCredit’s takeover of its third-largest bank, viewing the move as hostile. But German Finance Minister Lars Klingbeil’s invitation to Orsel for a meeting was the c…

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Germany has apparently backed down in the fight to acquire Commerzbank, as the Berlin government is now willing to sit down at the negotiating table with UniCredit CEO Andrea Orcel, which could give new impetus to the consolidation of the European banking system.