UniCredit May Not Bid for Commerzbank Before Jul.

UniCredit May Not Bid for Commerzbank Before July: Jefferies
UniCredit SpA should hold off making a bid for Commerzbank AG until the second half of next year to avoid triggering a mandatory cash offer, according to analysts at Jefferies Financial Group Inc.
UniCredit buys protection on Commerzbank stake from Jefferies, source says
UniCredit has further hedged potential downside risks on its stake in rival Commerzbank by signing financial derivative contracts with Jefferies to keep its options open, a person close to the matter said.
UniCredit Taps Jefferies for Commerzbank Hedge, Optionality
UniCredit SpA is taking out additional protection on its existing holdings in German lender Commerzbank AG and securing optionality for any future moves, people with knowledge of the matter said. Most
Jefferies Owns Over 5% of Commerzbank's Voting Rights
Jefferies Financial Group has around 5.3% of Commerzbank's voting rights through its ownership of financial contracts, according to a filing. A regulatory filing from the German lender on Friday showed that the U.
Commerzbank Says Jefferies Has More Than 5% of Its Voting Rights
Commerzbank AG disclosed that Jefferies Financial Group Inc. controls 5.33% of its voting rights, adding to a number of investment banks with financial instruments in the German lender.
Jefferies holds 5.3% stake in Commerzbank through derivatives
Jefferies has a 5.3% stake in Commerzbank though derivatives, a regulatory filing on Friday showed. The disclosure comes after Reuters and others reported this week that UniCredit has further hedged potential downside risks on its stake in Commerzbank by signing financial derivative contracts with Jefferies to keep its options open (Reporting by Tom Sims,
Commerzbank CEO focused on standalone strategy amid UniCredit interest
Commerzbank CEO Bettina Orlopp said on Friday that the lender was focusing on its standalone strategy, reiterating her stance ...
UniCredit Announces Early Redemption of €100M Notes
UniCredit SpA (IT:UCG) has released an update. UniCredit S.p.A. has announced its decision to exercise an early redemption option for its €100 ...
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UniCredit in court limbo over ECB’s Russia demands: sources
UNICREDIT is still awaiting a court decision over whether it must immediately reduce its Russia business to comply with an ...
Exclusive-UniCredit talked to top German officials before stake buy, documents show
UniCredit executives had conversations with top German government officials, including from the chancellery and the finance ...
ECB Nod Is ‘Catalyst’ for UniCredit’s Commerzbank Move, Mediobanca Says
UniCredit SpA’s move on Commerzbank AG will probably come to a head once the Italian lender gets approval from the European ...
Barclays Sticks to Their Buy Rating for UniCredit SpA (UNCFF)
Barclays analyst Paola Sabbione maintained a Buy rating on UniCredit SpA (UNCFF – Research Report) on October 24 and set a price target ...
UniCredit-Commerzbank Deal Should Be Judged on Financial Strength - Bank of Italy
(Reuters) - The European Central Bank should evaluate any deal between Italian lender UniCredit and Germany's Commerzbank ...
UniCredit sichert Commerzbank-Position noch stärker ab: Kreise
Die UniCredit ist informierten Kreisen zufolge dabei, ihre bestehenden Positionen in der Commerzbank zusätzlich abzusichern.
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ABN Amro stake sale stirs ghost of UniCredit-Commerzbank
The Netherlands will offload roughly 10.5% of the bank “in the coming days.” European governments have sold more shares in bailed-out banks in 2024 than in any other since 2008. Observers await ...
German govt not planning talks with UniCredit management, reports Handelsblatt
The German government is not planning any talks with the management of Italy's UniCredit on the potential takeover of ...