Report

Unicredit : M&A speculation around Commerzbank – some indications

>Fresh rumours around Commerzbank … - Yesterday afternoon Reuters indicated that Unicredit had hired advising banks (among them Lazard and JP Morgan) to examine a possible transaction involving the Germany bank.UCG clarified the situation at the request of the Italian market authorities by denying the rumour - but this feeds into M&A speculation around Commerzbank after last month’s failed negotiations with Deutsche Bank. We still see cross-border M&A deals as to...
Underlying
UniCredit S.p.A.

Unicredit is a pan-European commercial banking group based in Italy. Co. is engaged in the provision of in-branch and online corporate and investment banking services, providing customers with access to banks in 14 core markets as well as to an another 18 countries worldwide. Co.'s operations are organized along six business lines: Commercial Banking Italy; CEE Division; CIB; Commercial Banking Germany; Commercial Banking Austria; and Asset Gathering. Co.'s European banking network includes Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Slovakia, Slovenia, Serbia and Turkey.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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