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Unicredit: the merger with Commerz "is a hoax"

The CEO of Unicredit clarifies that in the bank's 2019 plan there are no acquisitions or even mergers such as the one hypothesized by the press with Commerz, about which the vice president Calandra is tranchant: "It's a hoax"

Unicredit: the merger with Commerz "is a hoax"

No wedding with Commerz. After days of rumors and rumors about the possible merger with Commerzbank, yesterday it was the CEO of Unicredit, Jean Pierre Mustier, who clarified, in the meeting of the board of directors, that nothing will be done about it because the Milanese bank's 2019 plan does not no acquisitions are foreseen, nor operations like the one imagined by the press with Commerz.

Even more tranchant the vice president of Unicredit, Vincenzo Calandra Buonaura: "It's a hoax".

The denial about Commerz could give Unicredit a further boost on the Stock Exchange, already boosted by the project to convert savings shares into ordinary shares and by the greater contestability envisaged by the new governance with the abolition of the 5% ceiling for voting rights.

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