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UniCredit said it would launch on April 28 its buyout offer for Banco BPM on the same day as French bank Credit Agricole said ...
Commerzbank's supervisory board last year created a special committee to discuss UniCredit's stake in Germany's top lender and met five times in 2024, Commerzbank disclosed on Wednesday in its annual ...
The ECB's approval was expected given UniCredit's financial strength and industry supervisors' support for consolidation efforts, yet it marks a key step towards what could potentially be Europe's ...
FRANKFURT (Reuters) - The European Central Bank has given UniCredit approval to buy up ... bailed out by the German government during the financial crisis.
Italian lender UniCredit's "very aggressive, very opaque" bid for Commerzbank has been criticized by Germany's Finance Minister Jörg Kukies, who stressed that hostile takeovers don't usually work.
UniCredit has built a web of financial transactions to secure a Commerzbank stake of just under 30%, putting it on the cusp of a full-blown takeover of one of the most important lenders to Germany ...
UniCredit receives market watchdog approval ... Credit Agricole also has consumer finance and non-life insurance partnerships with Banco BPM, which it is keen to keep going. Credit Agricole ...