Germany formally rejects UniCredit's €39bn Commerzbank offer Germany has officially rejected UniCredit's offer for Commerzbank and said it supports the lender's independence. Euronews · Jun 16
Commerzbank CEO Touts AI-Driven 2030 Plan, Calls UniCredit Offer Unattractive Commerzbank (ETR:CBK) Chief Executive Bettina Orlopp said the German lender’s updated “Momentum 2030” strategy is built on continued revenue growth, lower costs and efficiency gains from artificial intelligence, while reiterating that the bank sees UniCredit’s current takeover offer as unattractive. MarketBeat · Jun 4
UniCredit Says Needs A Year To Decide Commerzbank Deal The chief executive of Italy's UniCredit bank said Wednesday there would be no decision on a possible takeover of German rival Commerzbank for at least a year. International Business Times · Nov 6, 2024
France's 2024 budget deficit could top 6% of GDP, minister warns As France's newly-formed government faces pressure to finalise its spending plans for 2025, Budget Minister Laurent Saint-Martin says the state of public finances is worse than was expected only a few days ago, and that this year's budget shortfall could top 6 percent of GDP – far above the government's… France 24 · Sep 25, 2024