Source: Reuters (via feed)
Commerzbank’s CEO Bettina Orlopp told employees on Friday that discussions with Italy’s UniCredit only made sense once UniCredit provided key points it had in mind for a deal. This was stated in a video message, the transcript of which was seen by Reuters.
Orlopp addressed the employees directly about the conditions for advancing in talks with UniCredit. The CEO emphasized the need for UniCredit to present its key deal points before further talks.
BizTrendWire Insight:
Commerzbank’s communication outlines the prerequisite for receiving UniCredit’s deal points before continuing discussions.
Commerzbank’s communication outlines the prerequisite for receiving UniCredit’s deal points before continuing discussions.
