November 22, 2024
UniCredit’s behaviour has fuelled shareholder uncertainty, German Fin Min says #NewsGerman

UniCredit’s behaviour has fuelled shareholder uncertainty, German Fin Min says #NewsGerman

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UniCredit’s behaviour has fuelled shareholder uncertainty, German Fin Min says


















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Reuters

UniCredit’s behaviour has fuelled shareholder uncertainty, German Fin Min says



UniCredit’s behaviour has fuelled shareholder uncertainty, German Fin Min says

By Maria Martinez

BERLIN, Sept 24 (Reuters)UniCredit’s CRDI.MI behaviour towards Commerzbank CBKG.DE has spurred uncertainty among shareholders, German Finance Minister Christian Lindner said on Tuesday.

“The style of UniCredit’s behaviour has unsettled many shareholders in Germany, which is why the German government has decided not to sell any more shares,” Lindner said.

On the question of how a UniCredit takeover of Commerzbank could be prevented, the finance minister said: “This is a matter for the board of managing directors and the supervisory board of Commerzbank.”

Reporting by Maria Martinez, editing by Kirsti Knolle

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