Exclusive-UniCredit CEO approaches Commerzbank to explore merger talks, source says

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Commerzbank Nouvelles

Unicredit,Andrea Orcel

UniCredit CEO Andrea Orcel approached German lender Commerzbank's management earlier on Wednesday inviting the bank to explore merger talks, a source with...

FRANKFURT - UniCredit CEO Andrea Orcel approached German lender Commerzbank's management earlier on Wednesday inviting the bank to explore merger talks, a source with knowledge of the matter told Reuters.UniCredit's approach is the strongest indication yet that the Italian lender wants to buy Commerzbank.

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Exclusive-UniCredit CEO approaches Commerzbank to explore merger talks, source saysUniCredit CEO Andrea Orcel approached German lender Commerzbank's management earlier on Wednesday inviting the bank to explore merger talks, a source with...
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