6 Aug, 08:28··

Commerzbank and Unicredit Discuss Possible Deal

FAZ

Commerzbank and UniCredit are now talking. Bettina Orlopp wants to be involved. This follows a period where Commerzbank opposed a UniCredit takeover.

For almost two years, Commerzbank had blocked UniCredit’s attempts to buy the bank. Recently, Commerzbank reported a strong profit increase. CEO Bettina Orlopp believes talking is the right thing to do. The discussions are about changing the future of Commerzbank. They will happen before the bank’s board meeting.

Summarized from the sources above. Read the originals for the full story.

Highlights

Commerzbank Wants Input

Bettina Orlopp wants a voice in any deal with UniCredit.

UniCredit Talks Begin

Commerzbank and UniCredit are starting discussions.

Orlopp Sees Change

Bettina Orlopp believes the talks can change Commerzbank’s future.

Dialogue is Key

Bettina Orlopp urges UniCredit to find shared solutions.

Two Years of Battle

The talks begin after nearly two years of a takeover fight.

Perspectives

Sources agree
  • Commerzbank previously opposed UniCredit takeover.
  • Bettina Orlopp is now involved in talks with UniCredit.
  • The talks aim to change Commerzbank's future.
  • The discussions started after Commerzbank’s profit increase.
Sources disagree
Approach to the negotiations

Orlopp wants a say in the deal’s details.

Der Spiegel, FAZ, la Repubblica, New

The talks focus on finding shared solutions.

la Repubblica, New

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Timeline

3h span
6 Aug, 08:286 Aug, 11:04
bankingstrategyeuropeinvestmentmergers