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ReutersUniCredit ups Commerzbank stake as BPM bid faces hurdles
MILAN (Reuters) -UniCredit has raised its stake in Germany's Commerzbank to 28% with new derivative contracts, the Italian bank said on Wednesday, as its bid for smaller domestic peer Banco BPM faces hurdles. UniCredit in September emerged as the biggest private investor in Commerzbank, in a move that angered the German government. It sought European Central Bank clearance to get to 29.9% - just below the level that triggers a mandatory takeover offer - before raising the stake with derivatives to near 21%.
HuffPostGeraldo Rivera Predicts What Brazen Idea Donald Trump Will 'Soon Start Chattering About'
The president-elect has teased it before, albeit under the cover of "jokes."
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Q3 2024 Streamline Health Solutions Inc Earnings Call
Q3 2024 Streamline Health Solutions Inc Earnings Call
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