Commerzbank Considers Buying German Bank to Fend Off UniCredit, Reuters Says, Citing Sources

Dow Jones11-13

-- Commerzbank is considering acquiring a mid-sized German bank in a bid to fight off a possible takeover by Italy's UniCredit, Reuters reports citing unnamed sources.

-- Talks over an acquisition are at an early stage and targets could include Hamburg Commercial Bank or Oldenburgische Landesbank, according to Reuters.

-- Commerzbank told Reuters that it continuously monitors opportunities for inorganic growth but declined to comment further. Hamburg Commercial Bank or Oldenburgische Landesbank, meanwhile, declined to comment.

Full story: https://shorturl.at/l4NbX

Write to Pierre Bertrand at pierre.bertrand@wsj.com

(END) Dow Jones Newswires

November 12, 2024 11:49 ET (16:49 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2483356990?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-13 00:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2483356990","market":"fut","top_or_hot":-1,"title":"Commerzbank Considers Buying German Bank to Fend Off UniCredit, Reuters Says, Citing Sources","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  -- Commerzbank is considering acquiring a mid-sized German bank in a bid to fight off a possible takeover by Italy's UniCredit, Reuters reports citing unnamed sources. \n</p>\n<p>\n  -- Talks over an acquisition are at an early stage and targets could include Hamburg Commercial Bank or Oldenburgische Landesbank, according to Reuters. \n</p>\n<p>\n  -- Commerzbank told Reuters that it continuously monitors opportunities for inorganic growth but declined to comment further. Hamburg Commercial Bank or Oldenburgische Landesbank, meanwhile, declined to comment. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story: https://shorturl.at/l4NbX \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Pierre Bertrand at pierre.bertrand@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 12, 2024 11:49 ET (16:49 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Commerzbank Considers Buying German Bank to Fend Off UniCredit, Reuters Says, Citing Sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCommerzbank Considers Buying German Bank to Fend Off UniCredit, Reuters Says, Citing Sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-13 00:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>-- Commerzbank is considering acquiring a mid-sized German bank in a bid to fight off a possible takeover by Italy's UniCredit, Reuters reports citing unnamed sources. \n\n\n  -- Talks over an ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UNCFF","symbol_name":"UniCredito Spa","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2483356990","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483356990","pubTimestamp":1731430140,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"-- Commerzbank is considering acquiring a mid-sized German bank in a bid to fight off a possible takeover by Italy's UniCredit, Reuters reports citing unnamed sources.-- Talks over an acquisition are at an early stage and targets could include Hamburg Commercial Bank or Oldenburgische Landesbank, according to Reuters.-- Commerzbank told Reuters that it continuously monitors opportunities for inorganic growth but declined to comment further. Hamburg Commercial Bank or Oldenburgische Landesbank, meanwhile, declined to comment.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"UNCFF":"UniCredito Spa","CRZBY":"Commerzbank AG","BK4207":"综合性银行"},"translate_title":"路透社援引消息人士的话称，德国商业银行考虑收购德国银行以抵御联合信贷银行","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRZBY":0.9,"UNCFF":0.9},"content_text":"-- Commerzbank is considering acquiring a mid-sized German bank in a bid to fight off a possible takeover by Italy's UniCredit, Reuters reports citing unnamed sources. \n\n\n  -- Talks over an acquisition are at an early stage and targets could include Hamburg Commercial Bank or Oldenburgische Landesbank, according to Reuters. \n\n\n  -- Commerzbank told Reuters that it continuously monitors opportunities for inorganic growth but declined to comment further. Hamburg Commercial Bank or Oldenburgische Landesbank, meanwhile, declined to comment. \n\n\n \n\n\n  Full story: https://shorturl.at/l4NbX \n\n\n \n\n\n  Write to Pierre Bertrand at pierre.bertrand@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 12, 2024 11:49 ET (16:49 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483356990"}