UniCredit CEO Andrea Orcel discusses the status of the lender’s bid to buy Commerzbank. The Italian bank is already the largest investor in Commerzbank and currently owns just under 30% in it. Orcel has been trying to buy the German rival for over 18 months, but Commerzbank’s leadership has consistently rebuffed the approach. Orcel speaks on Bloomberg Television. (Source: Bloomberg)
In Full: UniCredit CEO Orcel on His Pursuit of Commerzbank
UniCredit CEO Andrea Orcel discusses the status of the lender's bid to buy Commerzbank. The Italian bank is already the largest investor in Commerzbank and currently owns just under 30% in it. Orcel has been trying to buy the German rival for…
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