Orcel’s Surprise Swoop on Commerzbank Was Long in the Making
This summer, the German government appeared ready to finally reduce its stake in Commerzbank AG. It was a moment Andrea Orcel, chief executive officer of UniCredit SpA, had also been anticipating. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisAfter a Record Hot Summer,
Plus, Murdoch vies for property listings group Rightmove and a private equity continuation fund’s collapse shows the vehicles ...
Andrea Orcel’s audacious move on Commerzbank AG caught many in Germany unawares. On Friday, Berlin hit back.
Andrea Orcel has teed up UniCredit for a potential takeover of rival Commerzbank. He wants to build something Europe lacks—a ...
After advising on the disastrous break-up of ABN Amro, the banker appears to be positioning UniCredit for a takeover of its ...
Andrea Orcel, UniCredit's CEO, aims to break European political resistance to cross-border mergers through a bold stake in Commerzbank. Orcel's efforts may face obstacles from national politics and ...
Commerzbank and UniCredit shares extended gains on Thursday after the Italian bank's CEO Andrea Orcel laid out plans to buy ...
UniCredit will seek ECB clearance to potentially buy up to 30% of Commerzbank, three people close to the matter said, in ...
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