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北京时间·🕒 发布 15:11:56时区推断·⟳ 抓取 15:13:52·⚡ 决策 07-23 15:22:37 +8m45s·96.2 天前
UniCredit称可能四季度推进收购Commerzbank并已接近48%持股
UniCredit CEO称可能四季度推进收购Commerzbank，且持股约48%，但48%控制权进展已在7月8日要约结果中披露。
📄 原文CNBC Top News↗ 原文
UniCredit CEO tells CNBC full acquisition of Commerzbank could happen in fourth quarter
UniCredit is aiming to acquire Commerzbank in the fourth quarter, the CEO of the Italian bank told CNBC in an exclusive…
不做 Commerzbank（CBK.DE）
48%持股进展已在7月8日披露，本条仅更新可能四季度推进且仍有监管/股东条件，缺少新的确定收购价差。
不做 UniCredit（UCG.IT）
收购方上调利润目标和并购意向已被广泛报道，整合成本与监管不确定性并存，短线方向不够干净。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
消息传播链
- UniCredit公告要约最终结果，合计取得约47.59%股本/约49.65%投票权相关权益。
- Commerzbank称独立股东接受率低，股份转让和投票权仍需监管批准。
- CEO采访称可能四季度推进收购，同时公司上调全年净利润目标至超过110亿欧元。
关键理由
- UniCredit CEO称可能四季度推进收购Commerzbank，且持股约48%，但48%控制权进展已在7月8日要约结果中披露。
- 本次CNBC采访更多是时间表表述和管理层意向，仍需监管、股东和整合条件确认，缺少新的确定对价或交割事实。
主要风险
- 若四季度正式取得监管批准或发起更高确定性强制收购，对Commerzbank套利价差可能重新打开。
反向证据
- 做多前查反向 · 来源 web · 日期 2026-07-08 · 影响 weakens
Commerzbank公告显示独立股东接受率低，转让和投票权仍取决于监管批准。
检索:Commerzbank UniCredit offer independent shareholders acceptance regulatory approval July 2026 原文 ↗
原文全文
展开原文 · 1,298 字
UniCredit is aiming to acquire Commerzbank in the fourth quarter, the CEO of the Italian bank told CNBC in an exclusive interview.
Speaking with CNBC's "Europe Early Edition," UniCredit CEO Andrea Orcel said the bank is happy with its position in Commerzbank, with the bank now closing in on full control of the German lender, having upped its stake to 48%.
Orcel said the Italian bank is firing on all cylinders, having raised its full-year guidance after posting its best-ever second-quarter and first-half results Thursday.
An acquisition of Commerzbank could occur "potentially" in the fourth quarter, "maybe later," Orcel told CNBC's Carolin Roth.
"That would mark the moment when we go in," the CEO said, adding that they would not wait for the AGM in May.
He said that the two banks remain "very different," adding that a number of alignments need to occur before any full merger takes place.
UniCredit said the Commerzbank deal has evolved from "an attractive financial investment" to a "strategic transaction of substantial industrial value creation."
The Italian bank's net profit fell 13% to 2.9 billion euros ($3.3 billion) in the second quarter,
Its full-year net profit target has been upgraded to more than 11 billion euros.
This is a breaking news story. Please refresh for updates.
Speaking with CNBC's "Europe Early Edition," UniCredit CEO Andrea Orcel said the bank is happy with its position in Commerzbank, with the bank now closing in on full control of the German lender, having upped its stake to 48%.
Orcel said the Italian bank is firing on all cylinders, having raised its full-year guidance after posting its best-ever second-quarter and first-half results Thursday.
An acquisition of Commerzbank could occur "potentially" in the fourth quarter, "maybe later," Orcel told CNBC's Carolin Roth.
"That would mark the moment when we go in," the CEO said, adding that they would not wait for the AGM in May.
He said that the two banks remain "very different," adding that a number of alignments need to occur before any full merger takes place.
UniCredit said the Commerzbank deal has evolved from "an attractive financial investment" to a "strategic transaction of substantial industrial value creation."
The Italian bank's net profit fell 13% to 2.9 billion euros ($3.3 billion) in the second quarter,
Its full-year net profit target has been upgraded to more than 11 billion euros.
This is a breaking news story. Please refresh for updates.
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