Tag #Unicredit

Showing 1 to 12 of 54 results

zeit.de
🌐 85% Global Worthiness
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Unicredit Increases Commerzbank Stake to 29%, Faces Potential Takeover Bid

Unicredit, now Commerzbank's largest shareholder, has increased its stake to 29%, prompting concerns in Germany about a potential hostile takeover, while Commerzbank remains focused on its independent growth strategy.

Progress

16% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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UniCredit's Potential Full Acquisition of Alpha Bank: A Strategic Analysis

UniCredit, nearing its target 29.9% stake in Alpha Bank, faces a decision on a full takeover, influenced by its Commerzbank situation and the potential €7 billion investment.

Progress

24% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 85% Global Worthiness
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Unicredit Increases Commerzbank Stake, Sparking Takeover Speculation

Unicredit boosted its Commerzbank shareholding to around 26 percent, potentially triggering a takeover bid if it reaches 30 percent; this move is met with resistance from the German government and Commerzbank, raising concerns about job losses and branch closures.

Progress

56% Bias Score

Decent Work and Economic Growth
corriere.it
🌐 85% Global Worthiness
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Opposing Views on Unicredit's Nationality Create Tension in Italian Banking

The German and Italian governments hold opposing views on Unicredit's nationality, impacting its potential acquisition of Banco BPM and creating tension between national interests and EU regulations; Unicredit's offer is currently unattractive to Banco BPM shareholders.

Progress

52% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 85% Global Worthiness
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Italy Confirms Conditions on Unicredit's Banco BPM Acquisition

Following a government review, Italy's Ministry of Economy and Finance (MEF) sent a letter to Unicredit confirming the legitimacy of five conditions imposed on its planned acquisition of Banco BPM, focusing on maintaining investments in Italian assets and supporting domestic lending.

Progress

40% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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Banco BPM to challenge Consob's suspension of Unicredit bid

Banco BPM strongly condemned Consob's 30-day suspension of Unicredit's takeover bid, citing the suspension as "abnormal" and plans to legally challenge the decision, which stems from Unicredit's legal action against Italy's Golden Power decree.

Progress

48% Bias Score

Reduced Inequality
repubblica.it
🌐 75% Global Worthiness
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Commerzbank CEO Orlopp Rules Out Unicredit Acquisition; Italy's PMI Rises; Economists Defend Fed Governor Cook; UBS Holds Potential MPS Stake

Commerzbank CEO Bettina Orlopp rejected a potential acquisition by Unicredit, while Italy's PMI composite index rose to 51.7 in August, and 593 economists defended Federal Reserve Governor Lisa Cook against removal attempts; UBS holds a 5.07% potential stake in Banca Monte dei Paschi di Siena.

Progress

24% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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Commerzbank Warns Against Unicredit Takeover Amidst Government Opposition

Commerzbank's deputy CEO warned against a potential takeover by Unicredit, citing conflicts of interest and the German government's opposition. Unicredit holds 26% of Commerzbank shares, and exceeding 30% would trigger a mandatory bid. Commerzbank is committed to maintaining its independence.

Progress

40% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Commerzbank Raises 2025 Profit Target Amidst Unicredit Takeover Bid

Commerzbank's Q2 2024 profit reached €462 million, exceeding analyst expectations despite restructuring costs and a takeover defense against Unicredit, prompting a €2.5 billion 2025 profit target increase. The bank is cutting 3,900 jobs while simultaneously creating others and repurchasing shares.

Progress

44% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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UniCredit Increases Alpha Bank Stake to Nearly 20%, Signaling Strategic Partnership

UniCredit raised its stake in Alpha Bank to almost 20%, a major investment exceeding €1 billion following the purchase of shares from the HFSF and via derivatives, strengthening their strategic partnership; this is the largest direct investment by a top European bank in the Greek banking sector in t...

Progress

56% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Reggeborgh Sells Alpha Bank Stake to UniCredit, Boosting Italian Bank's Holding to 20%

Reggeborgh Invest sold its 9.75% stake in Alpha Bank to three investment banks, with UniCredit acquiring a significant portion, increasing its total stake to approximately 20% and aiming to reach up to 29.9% by the end of 2025, resulting in an estimated €180 million annual profit increase.

Progress

36% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 85% Global Worthiness
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Commerzbank Shareholders Reject Unicredit Takeover Bid

Commerzbank's shareholders and employees strongly protested Unicredit's potential takeover bid at their annual meeting in Wiesbaden, Germany, with concerns over job losses and the bank's future; Unicredit's CEO stated they could wait until 2027 to decide, contingent on the German government's stance...

Progress

52% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 54 results