financetom
Business
financetom
/
Business
/
Unicredit chief hopes for clarity on Commerzbank plans by end 2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Unicredit chief hopes for clarity on Commerzbank plans by end 2025
Jan 22, 2025 6:32 AM

BERLIN, Jan 22 (Reuters) - UniCredit chief

Andrea Orcel wants to discuss a planned takeover of Commerzbank

with the new German government and hopes for some

clarity at the latest by the end of the year, he told German

paper FAZ.

Germans will elect a new government on Feb. 23 and polls

suggest that conservative chancellor candidate Friedrich Merz

could succeed Chancellor Olaf Scholz, a Social Democrat, who

opposes the deal.

"Without the support of such an important institution as the

German government it will be difficult," Orcel was quoted as

saying in an interview. "I hope for the summer. Overall we

should know where we stand by the end of the year at the

latest."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Apple sharply cuts back on Vision Pro production, The Information reports
Apple sharply cuts back on Vision Pro production, The Information reports
Oct 23, 2024
Oct 23 (Reuters) - Apple ( AAPL ) has sharply scaled back its Vision Pro production since early summer and could stop making the existing version of the mixed reality headset by year-end, the Information reported on Wednesday, citing people involved in building its components. Sales for the device have been waning after initial enthusiasm following its launch in February,...
Seven & i aims to convince investors it can deliver on its own
Seven & i aims to convince investors it can deliver on its own
Oct 23, 2024
TOKYO, Oct 24 (Reuters) - Japan's Seven & i ( SVNDF ) will be looking to convince shareholders it can deliver long-term growth on its own when it speaks to them on Thursday, after announcing a sweeping break-up plan designed to ward off a $47 billion takeover offer. The 7-Eleven owner is due to hold an investor day briefing with...
Seven & i aims to convince investors it can deliver on its own
Seven & i aims to convince investors it can deliver on its own
Oct 23, 2024
TOKYO (Reuters) - Japan's Seven & i ( SVNDF ) will be looking to convince shareholders it can deliver long-term growth on its own when it speaks to them on Thursday, after announcing a sweeping break-up plan designed to ward off a $47 billion takeover offer. The 7-Eleven owner is due to hold an investor day briefing with analysts and...
MAG Silver's Q3 Gold, Silver Output From Juanicipio Plant Increases
MAG Silver's Q3 Gold, Silver Output From Juanicipio Plant Increases
Oct 23, 2024
11:02 AM EDT, 10/23/2024 (MT Newswires) -- MAG Silver ( MAG ) on Wednesday reported Q3 gold production from the Juanicipio plant in Mexico of 10,801 ounces, up from 9,434 ounces a year ago. Silver production increased to 4.9 million ounces from 4.8 million ounces in Q3 2023, the company said. The company also reported an increase in lead and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved