Germany's Scholz shuts door to UniCredit after 'attack' on Commerzbank
By Valentina Za, Tom Sims and Andreas Rinke MILAN/FRANKFURT (Reuters) -German Chancellor Olaf Scholz slammed as "an unfriendly attack" UniCredit's move to become the biggest investor in rival Commerzbank with a potential 21% stake,
Germany's Scholz Warns Against 'Unfriendly' Bank Takeovers
German Chancellor Olaf Scholz warned Monday against "hostile" and "unfriendly" takeovers, after Italy's UniCredit revealed it had significantly raised its stake in German lender Commerzbank.
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.
Germany's Scholz slams UniCredit's 'hostile' move on Commerzbank
UniCredit's attempt to participate in Commerzbank without consultation is an unfriendly act and is not appropriate in Europe and in Germany, German Chancellor Olaf Scholz said on Monday.
Berlin warns UniCredit against Commerzbank takeover attempt
German Chancellor Olaf Scholz issued a sharp warning to UniCredit to refrain from "unfriendly" acts Monday after the Italian bank revealed it had significantly increased its stake in Germany's Commerzbank.
Germany Won’t Sell More Commerzbank Shares After UniCredit Takes Stake
Germany’s government will keep its 12% stake in Commerzbank until further notice, after a sale of a portion of its shares to Italy’s UniCredit sparked takeover speculation.
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,
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