UniCredit takeover of Commerzbank advances as Italian bank raises stake to 34.35% UniCredit takeover of Commerzbank progresses after UniCredit increased its stake to 34.35% by acquiring 7.58% from shareholders; the …
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Business
Delivery Hero takeover battle intensifies as Uber and Prosus increase bids
by Leo Müllerby Leo MüllerDelivery Hero takeover sparks bidding war as Uber and Prosus vie for control Delivery Hero takeover battle intensifies after founder steps down; Uber and Prosus both seek stakes in the …
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Business
Bayer Monsanto takeover reopens debate over glyphosate and liability
by Leo Müllerby Leo MüllerBayer Monsanto takeover revisited a decade after €55 billion purchase A new ZEIT podcast episode revisits the Bayer Monsanto takeover, reflecting on Werner Baumann’s €55 billion purchase and the ongoing …
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Business
UniCredit takeover bid sparks Wiesbaden protests over potential 23,000 job cuts
by Leo Müllerby Leo MüllerUniCredit takeover of Commerzbank sparks protests as employee cuts loom Commerzbank shareholders met in Wiesbaden amid protests over the proposed UniCredit takeover of Commerzbank, with staff warning the deal could …
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Commerzbank employees protest UniCredit takeover ahead of AGM, warn of mass layoffs
by Leo Müllerby Leo MüllerUniCredit takeover of Commerzbank sparks protests in Wiesbaden as job-cut fears mount Wiesbaden protesters warn the UniCredit takeover of Commerzbank could trigger mass job cuts, after reports UniCredit did not …
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Business
Commerzbank rejects UniCredit takeover offer and warns shareholders of low premium
by Leo Müllerby Leo MüllerCommerzbank rejects UniCredit takeover as insufficient, vows to remain independent Commerzbank rejects UniCredit takeover in a formal statement, calling the Italian bank’s swap offer insufficient and lacking a credible strategic …
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Business
Commerzbank rejects UniCredit takeover offer and warns plan would harm bank
by Leo Müllerby Leo MüllerCommerzbank Rejects UniCredit Takeover Offer, Calling Bid Unfair and Strategically Flawed Commerzbank rejects UniCredit takeover offer, saying the exchange proposal offers no adequate premium and lacks a credible strategic plan; …
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AfD Plans for Sole Government Spark Alarm in Mecklenburg-Vorpommern and Saxony-Anhalt AfD plans for sole government in Mecklenburg-Vorpommern and Saxony-Anhalt have sparked warnings from opposition figures and legal experts about …
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Business
Commerzbank announces 3,000 job cuts via AI to fend off UniCredit takeover
by Leo Müllerby Leo MüllerCommerzbank job cuts: bank to reduce about 3,000 roles, cites AI-driven savings while resisting UniCredit takeover Commerzbank job cuts: Bank plans roughly 3,000 role reductions using AI and cuts to …
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Business
Commerzbank announces 3,000 job cuts citing AI to repel UniCredit takeover
by Leo Müllerby Leo MüllerCommerzbank Job Cuts: Bank to Shed About 3,000 Positions, Cites AI as Key Cost Driver in Bid Defense Commerzbank job cuts: the bank plans roughly 3,000 role reductions tied to …