UniCredit CEO Andrea Orcel Discusses Bid for Commerzbank
UniCredit CEO Andrea Orcel is pursuing a bid to acquire Commerzbank, a German bank in which UniCredit already holds a 30% stake. Despite ongoing efforts over 18 months, Commerzbank's leadership has repeatedly rejected the acquisition proposal. The discussion took place on Bloomberg Television.
Topics: banking Commerzbank executive statements mergers and acquisitions UniCredit