Commerzbank boss pledges to defend shareholders in UniCredit takeover battle

Business

Commerzbank will defend the interests of its shareholders amid its ongoing takeover tussle with Italy's UniCredit , the German lender's CEO Bettina Orlopp said Friday. Speaking with CNBC's "Squawk Box Europe", Orlopp said Commerzbank remains open to discussions with UniCredit — but stressed that the Milan-headquartered bank must recognize the strength of its "reliable, aspirational" standalone strategy in any new talks. Commerzbank reported a 1.36 billion euro ($1.6 billion) operating profit in

Tag-uri: UniCredit Bank Italia

din zilele anterioare