Italian banking giant UniCredit has increased its stake in Germany's Commerzbank to more than 44 percent. This occurred after the close of a share exchange offer that, according to published information, was accepted by shareholders holding 17.6 percent of the German bank's shares. Die Zeit ↗
UniCredit entered Commerzbank in September 2024 and submitted its first takeover offer in early May. Following the current result, it has moved significantly closer to a majority stake in the company, which is included in the DAX index. According to available reports, in addition to its direct holdings, the Italian bank also has further options that could strengthen its position even more. Tagesspiegel ↗
Commerzbank meanwhile stated that it is open to constructive dialogue with UniCredit. For the German bank, this marks a further phase in the struggle over its future ownership structure. A takeover has become more likely following the result of the share offer, but it is still not final. Further obstacles remain in play, since regulatory and corporate decisions also play a role in such a step. Deutschlandfunk ↗
Further developments will depend on whether UniCredit can translate its stake into decisive influence at Commerzbank and on how the relevant authorities, including European banking supervision, respond to further steps. The outcome could be significant for the German banking sector as well as for the broader consolidation of banks in Europe. Spiegel.de ↗
UniCredit moves closer to a majority in Commerzbank
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This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.
Sources (14)
Übernahmekampf: Commerzbank: Offen für konstruktiven Dialog mit Unicredit
Die Zeit
| 11:37 08.07.
Absetzung des Vorstands geplant?: Unicredit gehören nun 44 Prozent der Commerzbank-Aktien
n-tv
| 11:23 08.07.
Anteile auf mehr als 44 Prozent aufgestockt: Unicredit nähert sich der Mehrheit bei Commerzbank
Tagesspiegel
| 11:02 08.07.
Großbank - Unicredit baut Anteil an der Commerzbank aus
Deutschlandfunk
| 10:45 08.07.
Commerzbank-Aktionäre nehmen Übernahmeangebot der UniCredit an
Tagesschau
| 10:35 08.07.
Commerzbank: UniCredit baut Anteile bei Commerzbank weiter aus
Spiegel.de
| 10:32 08.07.
Übernahmeangebot : Unicredit nähert sich Mehrheit bei Commerzbank
Die Zeit
| 10:13 08.07.
Der Börsen-Tag: Unicredit nähert sich Mehrheit bei Commerzbank
n-tv
| 10:02 08.07.
Übernahme-Ringen: Unicredit nähert sich Mehrheit bei Commerzbank
Tagesspiegel
| 09:42 08.07.
Übernahme-Ringen: Unicredit nähert sich Mehrheit bei Commerzbank
Die Zeit
| 09:40 08.07.
Borsa: Milano apre a -0,28%, bene Eni, Tenaris, Saipem con rialzo petrolio
ANSA
| 09:10 08.07.
Polarisierend und entschlossen: UniCredit-Chef Andrea Orcel
Tagesschau
| 09:00 08.07.
Großbank - Unicredit will heute Ergebnis von Aktientausch-Angebot präsentieren
Deutschlandfunk
| 02:18 08.07.
Großbank - Unicredit will Ergebnis für Commerzbank-Übernahme vorlegen
Deutschlandfunk
| 23:59 07.07.
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