Italy’s UniCredit Trades Blows With Berlin Over Commerzbank
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
Berlin warns UniCredit against Commerzbank takeover attempt
The move has fuelled speculation of a potential takeover, setting the stage for a clash with Berlin, which still owns 12 percent of Commerzbank. Scholz made his displeasure clear from abroad, addressing German TV cameras on a street in New York.
Commerzbank warns UniCredit merger is threat to German businesses, FT reports
Commerzbank's management has warned the German government that a potential multibillion euro merger with Italy's second-largest bank UniCredit is a threat to businesses that make up the backbone of Europe's biggest economy,
UniCredit Ups Ante in Pursuit of Germany’s Commerzbank
The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.
UniCredit's move on Commerzbank draws fire from German government
Chancellor Olaf Scholz expressed sharp criticism on Monday of Italy's UniCredit bank for the way it is accumulating shares in Germany's Commerzbank in apparent preparation for a hostile takeover. "Unfriendly attacks and hostile takeovers are not something that are a good thing for banks,
Commerzbank, UniCredit shares fall as Germany plans to keep 12% stake
By Tom Sims FRANKFURT (Reuters) -Shares of Commerzbank and UniCredit fell on Monday after the German government said that it would retain its 12% stake in the German bank for now in a move that will likely keep any merger with the Italian lender on hold.
UniCredit ignores Berlin's wrath to raise stake in Germany's Commerzbank
If the deal wins approval, it will make the Italian bank Commerzbank's largest shareholder - to the dismay of the German government. View on euronews
Weekend fire forces closure of animal hospital in Berlin
BERLIN, CT (WFSB) - An animal hospital in Berlin was forced to close for the week because of a fire. The Animal Hospital of ...
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Berlin’s Jericho Mountain State Park May Get $2.5M, 19-Site Campground at Council Table
If approved Wednesday, it will effectively double the camping opportunities at the state park and be adjacent to the existing ...
Animals saved from fire in Berlin commercial building
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