Commerzbank, German Resistance Wanes: UniCredit Nears Deal, What Could Change
18 Articles
18 Articles
According to Bloomberg, the German government could give up its 12.7%, but only if a common strategy was established between the two banks.
Chancellor Merz would assess the sale of 12.7% of the German bank under certain conditions. But the rock of the bad relations between Orcel and the rival Orlopp remains
German Officials Mull Sale If UniCredit Sways Commerzbank
Berlin's position represents a change in the face of the firm opposition manifested in recent months to the operation of UniCredit, recalls Bloomberg, which advances with the news
Bank Austria's mother UniCredit attacks Commerzbank – and was criticized by German politics for it. However, the German government is now considering selling its Commerzbank shares to Mailänder Großbank.
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