UniCredit Raises Stake in Commerzbank
Italian UniCredit SpA increased its holding in German Commerzbank AG to about 28%.
Italian UniCredit SpA increased its holding in German Commerzbank AG to about 28%.
On Monday, November 25, Italian UniCredit announced an unexpected 10 billion euros ($11 billion) bid for domestic peer Banco BPM.
Italian UniCredit on Wednesday, September 11, announced the acquisition of a 9% stake in German Commerzbank.
In Italy, the local data protection authority fined the bank UniCredit.
UniCredit SpA Bank reported revenue, which turned out to be the highest in more than eight years.
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