UniCredit S.p.A.

UCG

IT0005239360

Banks

Real-time Borsa Italiana Other stock markets 06:37:07 2026-06-17 am EDT			5-day change	1st Jan Change
78.89 ^EUR	+1.56%		+11.66%	+11.24%

06:22am	Italy's Del Vecchio eyes private debt route as BNP exits buyout financing, source says	RE
06:05am	MIB edges up: Warsh may skip dot plot projections	AN

UniCredit raises Commerzbank stake above 40% via shares and derivatives

Published on 05/20/2026 at 12:26 am EDT - Modified on 05/20/2026 at 02:12 am EDT

Alliance News - Translated by Marketscreener - See original

UNICREDIT S.P.A.

+1.54%

COMMERZBANK AG

+3.15%

UniCredit raises Commerzbank stake above 40% via shares and derivatives

(Alliance News) - UniCredit has surpassed a 40% stake in Commerzbank through a combination of shares and derivatives, while take-up for the exchange offer launched by the Andrea Orcel-led group remains at a marginal 0.02%, Milano Finanza reported on Wednesday.

According to the latest BaFin data, UniCredit holds 26.77% of Commerzbank in shares, supplemented by 10.7% via cash-settled derivatives and a further 3.22% through total return swaps.

The public exchange offer is moving slowly, partly because the exchange ratio of 0.485 UniCredit shares for each Commerzbank share continues to trade at a discount to the German lender's market price, the newspaper added.

Meanwhile, Commerzbank's management and supervisory boards have recommended that shareholders reject the offer, judging it to lack an adequate premium and to be unsupported by a credible industrial integration plan.

UniCredit has dismissed the criticism and, according to market rumors, is not currently considering a sweetened bid.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Off-Hours Price	Change	5-day change	Capi.
	UNICREDIT S.P.A.	78.88EUR	+1.54%	+11.66%	135B
	COMMERZBANK AG	37.44EUR	+3.15%	+3.20%	45.53B

Latest news about UniCredit S.p.A.

06:22am	Italy's Del Vecchio eyes private debt route as BNP exits buyout financing, source says	RE
06:05am	MIB edges up: Warsh may skip dot plot projections	AN
05:17am	Milan Stock Exchange pauses after record highs, awaiting U.S.-Iran details and Fed meeting, banks perform well	RE
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12:37am	Germany reiterates opposition to UniCredit bid for Commerzbank	AN
12:04am	Italy - Factors to watch on June 17	RE
Jun. 16	UniCredit S.p.A. cancelled the acquisition of remaining 73.98% stake in Commerzbank AG.	CI
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Chart UniCredit S.p.A.

Duration

Period

UCG: Dynamic Chart

Company Profile

UniCredit S.p.A. is one of the leading European banking groups. Income breaks down by activity as follows: - retail banking (48.6%); - corporate, investment, finance and market banking (47.2%): leasing, factoring, stock transactions, participation in the rate, exchange, stock and derivative markets, stock exchange intermediation, etc.; - other (4.2%). At the end of 2025, the group managed EUR 535.4 billion in deposits and EUR 433.5 billion in loans. Products and services are marketed through a network of 3,075 branches located primarily in Italy (1,941). Revenue (including intragroup) is distributed geographically as follows: Italy (44.1%), Germany (21.9%), Central and Eastern Europe (19%), Austria (10.5%) and Russia (4.5%).

Employees

67,458

Sector

Banks

Calendar

Earnings release - Q2 2026

More about the company