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.

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 ...

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 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.

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%.

It was another magical European night at the Commerzbank Arena in Frankfurt. Eintracht Frankfurt were hosting Ukrainian giants Shakhtar Donetsk, and the noise in the World Cup stadium was at times ...

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.