UniCredit woos Commerzbank shareholders in takeover battle
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Milan – Italian bank UniCredit wooed shareholders in Germany’s Commerzbank with promises of higher returns on Monday as it hopes to win a 35-billion-euro ($41 billion) takeover battle fiercely opposed by many Germans.
UniCredit’s chief Andrea Orcel said his “Unlocked” strategy for Commerzbank would refocus its operations on its core German market to spur faster growth.
“Commerzbank can create much more value than currently, and its current direction is putting
UniCredit’s chief Andrea Orcel said his “Unlocked” strategy for Commerzbank would refocus its operations on its core German market to spur faster growth.
“Commerzbank can create much more value than currently, and its current direction is putting
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