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UniCredit unlikely to fully control Commerzbank despite takeover bid, says CEO

Market News
05 May 2026
CNBC
View Source
Bullish
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UniCredit CEO Andrea Orcel stated that the Italian bank does not expect to gain full control of German rival Commerzbank through its ongoing takeover bid. UniCredit aims to increase its stake to over 30% from the current 28%, a key regulatory threshold, but full control is not anticipated. The tender offer begins as UniCredit recently reported strong quarterly profits, boosting investor confidence. The outcome depends on Commerzbank shareholders' response to the offer, with UniCredit focusing on execution rather than control ambitions.

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Halper Sadeh LLC probes fairness of major company sales for shareholders' benefit.

Halper Sadeh LLC probes fairness of major company sales for shareholders' benefit.

Halper Sadeh LLC is investigating whether shareholders of Arcosa, Bio-Techne, Iridium Communications, and LCI Industries are receiving fair deals in their companies' recent sales. The law firm suspects insiders may gain financial benefits not availab...

Market News
Bearish
25 minutes ago
Europe approves TEPKINLY combo for relapsed follicular lymphoma, offering a chemo-free treatment option.

Europe approves TEPKINLY combo for relapsed follicular lymphoma, offering a chemo-free treatment option.

The European Commission has approved TEPKINLY (epcoritamab) combined with lenalidomide and rituximab for treating relapsed or refractory follicular lymphoma in adults. This marks the first bispecific antibody-based therapy authorized in Europe for se...

Market News
Bullish
25 minutes ago
Class action deadlines approach for investors in BTGO, VIA, Z, and ADMA over alleged securities fraud.

Class action deadlines approach for investors in BTGO, VIA, Z, and ADMA over alleged securities fraud.

Law Offices of Howard G. Smith has announced upcoming deadlines for investors to file lead plaintiff motions in class action lawsuits against BitGo Holdings, Via Transportation, Zillow Group, and ADMA Biologics. These lawsuits allege that the compani...

Market News
Bearish
26 minutes ago
Waterborne epoxy resins market to reach $8.51B by 2034, driven by environmental laws and industrial growth.

Waterborne epoxy resins market to reach $8.51B by 2034, driven by environmental laws and industrial growth.

The global waterborne epoxy resins market, valued at $4.98 billion in 2024, is projected to grow at a CAGR of 6.03% to $8.51 billion by 2034. This growth is fueled by strict international regulations targeting volatile organic compound emissions and ...

Market News
Bullish
32 minutes ago
Ecommerce design leaders focus on conversion, cutting 70% cart abandonment by fixing user friction, not just aesthetics.

Ecommerce design leaders focus on conversion, cutting 70% cart abandonment by fixing user friction, not just aesthetics.

NEWMEDIA.COM highlights that top ecommerce web design agencies prioritize conversion and scale over just appearance, addressing the nearly 70% cart abandonment rate largely caused by fixable user experience issues like slow pages and complicated chec...

Others
Neutral
32 minutes ago
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