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UCG Unicredit Spa

39.24
0.25 (0.64%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Unicredit Spa BIT:UCG Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.25 0.64% 39.24 39.20 39.35 39.515 38.89 39.105 6,692,770 02:01:06

Commerzbank: Aims to Stay Independent After Report of Scrapped Talks With UniCredit

18/05/2022 10:14am

Dow Jones News


Unicredit (BIT:UCG)
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From Dec 2021 to Dec 2024

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   By Cristina Roca 
 

Commerzbank AG's strategy aims to create the conditions for the bank to remain independent, the company said Wednesday.

Earlier on Wednesday, the Financial Times reported, citing unnamed sources, that the German lender and Italy's UniCredit SpA had been planning to discuss a potential merger earlier this year, but that the talks were shelved after Russia invaded Ukraine.

Commerzbank and UniCredit both declined to comment on the report.

Shares in the lenders were little affected. At 0827 GMT, UniCredit shares traded 0.2% lower, while Commerzbank shares were up 1.4%.

 

Write to Cristina Roca at cristina.roca@wsj.com

 

(END) Dow Jones Newswires

May 18, 2022 04:59 ET (08:59 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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