UniCredit Bids for German Bank, Expects Failure

UniCredit has launched a $40 billion bid to acquire Germany's second-largest bank, offering a 4% premium, but surprisingly anticipates the offer will not succeed.

16 Mar, 09:04 — 16 Mar, 09:04

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marketwatchMostly Factual50d ago

UniCredit $40 billion offer for Germany’s number-two bank comes with unusual twist — it expects to fail

UniCredit’s bid to buy Germany’s second-largest bank took another step forward on Monday after it said will launch a bid at a 4% premium.

By Steve Goldstein

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UniCredit Bids for German Bank, Expects Failure

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UniCredit $40 billion offer for Germany’s number-two bank comes with unusual twist — it expects to fail

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