Italian lender UniCredit has increased its equity stake in Commerzbank to 20% by converting derivatives into stock. The move positions UniCredit as the largest shareholder of Commerzbank ...

UniCredit increased its shareholding in Commerzbank to 20%, giving the Italian lender a bigger stake in the German competitor as it seeks to win over opposition to a possible takeover of the rival.

German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its stake in its rival, laying the ground for a potential takeover bid.

UniCredit on Tuesday said it had increased its equity stake in Commerzbank to about 20 per cent, as the Italian bank doubles down on a potential takeover of Germany’s second-largest lender ...

MILAN (Reuters) -Italy's second biggest bank UniCredit owns an equity stake of around 20%, with corresponding voting rights, in Commerzbank after converting into shares derivatives which gives it ...

BERLIN, July 9 (Reuters) - A German finance ministry said on Wednesday that the government remains opposed to a possible takeover bid by UniCredit (CRDI.MI), opens new tab for Commerzbank (CBKG.DE ...

MILAN (Reuters) -An appeal by UniCredit against Italian government conditions hampering its $17 billion bid for Banco BPM will be heard by a court on Wednesday, a day after it lifted its voting ...

UniCredit is waiting for approvals to buy up to 29.9% of Commerzbank, and has indicated an interest in acquiring all of it. But that effort has faced pushback from Berlin, raising questions over ...

UniCredit said it would double its stake in Alpha Bank to around 20%, deepening its partnership with one of Greece’s top lenders at a time when its expansion efforts elsewhere are facing ...