Commerzbank AG
UniCredit to strengthen stake in Commerzbank to 30% laying groundwork for potential takeover
UniCredit has launched an offer to build its stake in Commerzbank above 30%, a key regulatory threshold if the lender is to launch a full takeover bid. The Milan-headquartered UniCredit already holds a 28% stake in Commerzbank, comprising about 26.04% in shares with the rest in total return swaps. The deal is expected to involve […]
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CNBC’s UK Exchange newsletter: The billion-dollar takeover of one of London’s oldest asset managers won’t be forgotten
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Some takeovers of U.K. companies arouse little attention. Others, like the £11.5-billion takeover of Cadbury by Kraft in 2010, stir emotions even many years later. To judge from the initial response, it feels as if the […]
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European stocks headed for mixed open as earnings hold spotlight
A general view looking past Tower Bridge toward Residential and commercial skyscrapers in Canary Wharf on June 26, 2025 in London, United Kingdom. John Keeble | Getty Images News | Getty Images Futures data pointed to a mixed open in European equity markets on Wednesday morning, as corporate earnings continue to stay in focus for […]
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‘Stay calm’ and ‘this is the new normal’: What banking CEOs are saying about the global market sell-off
Bank chiefs called for calm on Tuesday as stocks plummeted after President Donald Trump’s threats of fresh tariffs. The pan-European Stoxx 600 dropped about 1.2% in morning trade Tuesday — with the continent’s major bourses and most sectors heavily selling off — after Trump floated a potential 200% levy on French wine and champagne. In […]
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