Commerzbank Rejects UniCredit’s ‘Hostile’ Approach
German lender Commerzbank AG says it has formally rejected Italian rival UniCredit Spa’s latest takeover proposal, saying it lacks value and undermines trust. Bloomberg's Tom Metcalf reports. (Source: Bloomberg)
By Bloomberg Markets · Bloomberg Markets
German lender Commerzbank AG says it has formally rejected Italian rival UniCredit Spa’s latest takeover proposal, saying it lacks value and undermines trust. Bloomberg's Tom Metcalf reports. (Source: Bloomberg)