Germany criticizes UniCredit's 'unfriendly' moves on Commerzbank

UniCredit Bank

BERLIN Italian bank UniCredit 's move to increase its stake in German lender Commerzbank , which further fueled speculation of a takeover bid, was "uncoordinated and unfriendly," the German government said. UniCredit, Italy's second-largest bank, said on Dec. 18 that it had increased its stake in Commerzbank from 21 percent to around 28 percent. "UniCredit is once again taking uncoordinated and unfriendly action," said deputy government spokesman Wolfgang Buechner. "Unfriendly attacks and

Tag-uri: UniCredit Bank Italia

Germany criticizes UniCredit's 'unfriendly' moves on Commerzbank https://www.hurriyetdailynews.com/ - 19.12.2024 09:48

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Germany criticizes UniCredit's 'unfriendly' moves on Commerzbank https://www.hurriyetdailynews.com/ - 19.12.2024 09:48