22 Jul, 16:31··

UniCredit to buy Commerzbank.

FAZ

Unicredit is trying to buy Commerzbank, a German bank. This is causing problems for other companies. People are worried about the price being offered.

Unicredit announced it wants to buy Commerzbank. There was a problem at Deutsche Bank’s headquarters. TKMS stopped bidding for a shipyard. Some people think the price Unicredit is offering is too low. Commerzbank and the German government want to talk to Unicredit. They want to discuss the deal with employees, shareholders, and customers.

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

Highlights

UniCredit Wants to Buy Commerzbank

UniCredit, an Italian bank, is trying to buy Commerzbank, a German bank.

Commerzbank Resists Takeover

Commerzbank is fighting against UniCredit’s attempt to take over.

Low Offer Concerns Rise

There are worries the price for the takeover is too low.

Deutsche Bank Involved in Deal

A raid happened at Deutsche Bank’s headquarters due to a deal.

Government Wants Discussions

The German government wants to talk about the takeover plans.

Perspectives

Sources agree
  • UniCredit is trying to buy Commerzbank.
  • Commerzbank is resisting the takeover.
  • The deal could affect German businesses and markets.
  • There are concerns about the price being offered.
Sources disagree
Reason for Commerzbank's resistance

Commerzbank wants to discuss a takeover with Unicredit.

New, FAZ

Unicredit is attempting a takeover of Commerzbank.

tagesschau, FAZ

VS

Timeline

1d 20h span
22 Jul, 16:3124 Jul, 12:55
bankingmergerseuropefinancebusiness
UniCredit to buy Commerzbank. - SOVOX.eu