Source: Reuters (via feed)
Commerzbank CEO Bettina Orlopp said on Tuesday that the offer by Italy’s UniCredit to buy its shares was at a very low price. She noted this in connection with the German lender’s longstanding reluctance regarding any takeover deal.
No further details about the offer were disclosed.
BizTrendWire Insight:
The statement reflects the current position of Commerzbank’s leadership on the UniCredit offer.
The statement reflects the current position of Commerzbank’s leadership on the UniCredit offer.
