FRANKFURT (Reuters) -Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as hostile, and said there had been no discussion of it with the Italian bank in the past two years, despite UniCredit CEO Andrea Orcel saying there had. UniCredit is awaiting the European Central Bank approval it needs for the 28% stake it has built in the German...

Jan 23 (Reuters) - Upper Crust owner SSP said on Thursday Geert Verellen will join in early April as CFO designate, as current finance head and deputy CEO Jonathan Davies decided to retire after 20 years with the company. Verellen will take on the role of CFO and join the board from June 9, 2025, and Davies will remain on...

03:15 AM EST, 01/23/2025 (MT Newswires) -- Ariel Emanuel, 10% Owner, Director, Chief Executive Officer, on January 17, 2025, executed a purchase for 350,017 shares in TKO Group Holdings ( TKO ) for $50,281,340. Following the Form 4 filing with the SEC, Emanuel has control over a total of 2,923,013 shares of the company, with 66,179 shares held directly and...

(Reuters) -Puma shares fell by 16% as the market opened on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual profit. The weak results late on Wednesday came after rival Adidas reported strong sales and profitability, highlighting the work Puma still faces to boost its brand, JP Morgan analysts said. Puma sales...