Orcel Escalates Commerzbank Fight With Surprise Stake Boost
UniCredit SpA Chief Executive Officer Andrea Orcel moved to more than double the lender’s stake in Commerzbank AG, in a dramatic development that’s likely to escalate tensions with the German government.
Orcel’s Surprise Swoop on Commerzbank Was Long in the Making
This summer, the German government appeared ready to finally reduce its stake in Commerzbank AG. It was a moment Andrea Orcel, chief executive officer of UniCredit SpA, had also been anticipating. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisAfter a Record Hot Summer,
UniCredit CEO Orcel Says Merger with Commerzbank Could Boost Shareholder Value
UniCredit CEO Andrea Orcel stated that a merger with Commerzbank could deliver substantial value for stakeholders, strengthening both banks in the German market. Orcel highlighted potential savings in central
Barclays, Bank of America Helped Orcel Buy Commerzbank Stake
UniCredit SpA Chief Executive Officer Andrea Orcel used Barclays Plc to help quietly build up a stake in Commerzbank AG, a move that has shaken European finance and triggered a backlash from the German government.
UniCredit reaches deal to boost Commerzbank stake
UniCredit on Monday said it’s reached an agreement to further increase its stake in Commerzbank as the German government increasingly attempts to ward off an Italian acquisition of its number-two bank.
UniCredit boosts its stake in Commerzbank, applies to own up to 29.9% of the German bank
UniCredit announced it had increased its stake in German lender Commerzbank to 21% and submitted a request to boost the holding to up to 29.9%.
Italy's UniCredit boosts stake in Germany's Commerzbank to 21%
Italian bank UniCredit (OTCPK:UNCFF) (OTCPK:UNCRY) said Monday it increased its stake in Commerzbank (OTCPK:CRZBF) (OTCPK:CRZBY) to around 21% through financial instruments and submitted an application to own up to 29.
Andrea Orcel sends Germany into a frenzy
Plus, Murdoch vies for property listings group Rightmove and a private equity continuation fund’s collapse shows the vehicles ...
Banking’s Ultimate Dealmaker Orcel Hits German Resistance
Andrea Orcel’s audacious move on Commerzbank AG caught many in Germany unawares. On Friday, Berlin hit back.
UniCredit's Orcel takes aim at Europe's banking borders with Commerzbank bet
For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the big deals that reshaped the banking landscape.
Andrea Orcel, Commerzbank and the redemption trade
After advising on the disastrous break-up of ABN Amro, the banker appears to be positioning UniCredit for a takeover of its ...
Barclays, BofA halfen Orcel bei Commerzbank-Beteiligung: Kreise
UniCredit-Chef Andrea Orcel griff dem Vernehmen nach auf die Dienste von Barclays und Bank of America zurück, um zunächst im ...
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Andrea Orcel's Bold Move: Breaking Down Barriers in European Banking
Andrea Orcel, UniCredit's CEO, aims to break European political resistance to cross-border mergers through a bold stake in Commerzbank. Orcel's efforts may face obstacles from national politics and ...
Commerzbank, UniCredit shares extend gains as Orcel lays out plans
Commerzbank and UniCredit shares extended gains on Thursday after the Italian bank's CEO Andrea Orcel laid out plans to buy ...
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Barclays, Bank of America helped Andrea Orcel buy Commerzbank stake
UNICREDIT chief executive officer Andrea Orcel used Barclays and Bank of America to help him quietly build up a stake in ...