Germany to retain Commerzbank shares as bank strives for independence
Government signals no plans for further share sales amidst UniCredit's surprising move, with Commerzbank focused on staying independent.
Germany Halts Commerzbank Share Sales to Block Any UniCredit Bid
The German government won’t sell any more shares in Commerzbank AG for now, the strongest signal yet that Berlin is opposed to any UniCredit SpA bid.Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityThe Moonshot Plan to Eliminate Deaths on America’s RoadsCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughNew York City’s Transit System Plans $65.
Germany to Keep Commerzbank Shares After UniCredit Takes Stake
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The move marks an U-turn for the government.
German Government Decides Not to Sell Any More Shares in Commerzbank for Now
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Germany won't sell more Commerzbank shares for now, finance agency says
Germany will not sell any more shares in Commerzbank for the time being and the bank's strategy is "geared towards independence," the nation's finance agency said on Friday.
Germany Investigates Its Own Handling of Commerzbank Stake Sale
The German government has started an internal probe into its Commerzbank AG share sale after the transaction allowed UniCredit SpA to swoop in and take a major stake in the lender.
German Govt Won't Sell More Commerzbank Shares 'For Time Being'
The German government said Friday it had decided not to sell off any more of its Commerzbank shares "for the time being", after Italy's UniCredit unexpectedly built up a nine-percent stake in the German lender.
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Environmental activist ClientEarth sues Germany over pesticides use
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