Unicredit
Unicredit shareholders overwhelmingly approved a capital increase on Monday. This clears the path for a takeover bid for Commerzbank. CEO Andrea Orcel is pressing ahead despite disclosed risks.
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Italian bank Unicredit has slightly increased its stake in Commerzbank and boosted its derivatives holdings. CEO Andrea Orcel is preparing a share exchange offer to start after a general meeting on May 4. The bank has also raised its stake in insurer Generali.
2025/12/12 04:29