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Ukraine war forces UniCredit and Commerzbank to shelve merger talks
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fnlondon.comExecutives at UniCredit and Commerzbank had scheduled talks over a potential merger earlier this year, but put any potential tie-up on hold as war broke out in Ukraine, according to reports.
Citing a trio of individuals close to discussions, The Financial Timesreports that a deal could have been on the cards, with informal discussions in the works between UniCredit boss Andrea Orcel and Commerzbank’s chief Manfred Knof in early 2022.
The...
Read more on fnlondon.comAbout this in other media
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