Bullet points of What buying Commerzbank would mean for UniCredit — and the banking sector
Bullet points of What buying Commerzbank would mean for UniCredit — and the banking sector
- UniCredit takes a 9% stake in Commerzbank
- Commerzbank shares jump 20% on the day UniCredit's stake is announced
- Analysts welcome the move, citing potential for consolidation and increased market share for UniCredit
- Commerzbank's CEO says he will look at any proposals from UniCredit in line with the bank's obligations to its stakeholders
- UniCredit takes a 9% stake in Commerzbank
- Commerzbank shares jump 20% on the day UniCredit's stake is announced
- Analysts welcome the move, citing potential for consolidation and increased market share for UniCredit
- Commerzbank's CEO says he will look at any proposals from UniCredit in line with the bank's obligations to its stakeholders