Italian lender UniCredit has increased its equity stake in Commerzbank to 20% by converting derivatives into stock.

A German finance ministry said on Wednesday that the government remains opposed to a possible takeover bid by UniCredit for Commerzbank , after the Italian bank took a bigger stake in its German ...

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.

Simply sign up to the European banks myFT Digest -- delivered directly to your inbox. UniCredit on Tuesday said it had increased its equity stake in Commerzbank to about 20 per cent, as the ...

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 ...

Commerzbank’s stock is taking a hit as investors bet that UniCredit’s $10.5 billion bid for Banco BPM indicates its interest in the German bank is cooling. But some hedge funds suggest the surp ...

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 give it an ...

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 roadblocks.

UniCredit hits a 14-year share price high with industry-leading metrics under Andrea Orcel. Read why price retracement may offer better entry for UNCFF stock.

UniCredit said the EU wouldn’t launch an in-depth investigation into its bid for its smaller rival, effectively clearing the takeover.