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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.695 | 2.00% | 35.48 | 35.30 | 35.49 | 35.47 | 34.88 | 35.00 | 6,950,767 | 17:00:00 |
--Italy's UniCredit has approached investment bankers and other advisors for advice on a potential takeover bid of Commerzbank, Reuters reports, citing unnamed sources.
--The Italian lender has engaged the investment bank Lazard including its banker Joerg Asmussen, a former German deputy finance minister, as well as JPMorgan on the matter, Reuters says, noting the timing of a potential bid remains unclear.
--UniCredit's management has "long been interested" in expanding its operations in Germany, Reuters reports, citing the sources.
--At 1357 GMT, shares of Commerzbank traded 4.4% higher on the takeover reports.
Full story: https://reut.rs/2YpmFbC
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
May 14, 2019 10:13 ET (14:13 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Unicredit Chart |
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