The CEO of UniCredit, Andrea Orcel, stated that the bank could sell its 26% stake in Commerzbank if it receives a favorable offer from outside the EU.
Delia Niculescu
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Andrea Orcel mentioned that UniCredit could consider selling its 26% stake in Commerzbank, in the event that an offer from outside the European Union would be advantageous for shareholders. Although UniCredit has tried to consolidate its shareholding and propose a merger, the management of Commerzbank has opposed it, and the German state, which holds 12% of the bank, does not support a takeover. Orcel emphasized that his goal remains to build a stronger bank in Europe.
Sources
UniCredit ar putea vinde participaţia la Commerzbank unei bănci din afara UE, spune CEO-ul Andrea Orcel
UniCredit ar putea vinde participaţia la Commerzbank unei bănci din afara UE, spune CEO-ul Andrea Orcel
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