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German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its stake in its rival, laying the ground for a potential takeover bid.
The Italian lender now owns around 20% of Commerzbank’s shares and is the largest shareholder of the bank it hopes to engineer a merger with.
A German finance ministry said on Wednesday that the government remains opposed to a possible takeover bid by UniCredit for Commerzbank , after the Italian bank took a bigger stake in its German ...
The Commerzbank-Arena has been home to ESL One Frankfurt since the event’s inception, but in its day to day life the arena is a football stadium, which previously hosted multiple World Cup ...
The new ESL One Frankfurt event will make a debut at the Commerzbank-Arena World Cup Football Stadium and feature a base prize pool of $150,000.
The spectacle is scheduled for December 3-4 at Frankfurt’s Commerzbank Arena, an enormous, 50,000-seat venue that hosted soccer’s World Cup in 2006.
WIESBADEN (Reuters) -Commerzbank's chief executive and hundreds of employees voiced support for the German lender's standalone strategy as its shareholders met on Thursday, stepping up efforts to ...
Commerzbank CBK -0.64% plans to cut thousands of jobs in a bid to boost profitability and shareholder returns as it fends off an unwanted approach from Italy’s UniCredit UCG -1.14%.
Work began on upgrading Eintracht Frankfurt's famous Waldstadion in 2002 and lasted three years. The result is the stunning, light and airy Commerzbank Arena which features a transparent, retractable ...
German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its stake in its rival, laying the ground for a potential takeover bid.