Merger: Commerzbank warns of risks if taken over by Unicredit

Merger: Commerzbank warns of risks if taken over by Unicredit

Commerzbank boss Bettina Orlopp sees major risks in a takeover by the major Italian bank Unicredit. The integration of two large banks is extremely difficult, Orlopp told the Handelsblatt. After taking over Dresdner Bank in 2008, Commerzbank spent several years merging the systems of both banks. “We cannot afford such a standstill in today’s world, … Read more

VDL wants to take over part of bankrupt Belgian bus company Van Hool

VDL wants to take over part of bankrupt Belgian bus company Van Hool

ANP NOS News•yesterday, 1:15 PM•Adjusted yesterday, 2:13 PM Industrial group VDL wants to take over part of the bankrupt Belgian bus company Van Hool. Another part of the company is taken over by the German Schmitz Cargobull. VDL is eyeing Van Hool’s touring car department. The Dutch company already builds (electric) buses, coaches and trucks. … Read more

Amazon’s iRobot takeover cancelled: Unjustified regulatory hurdles spark legal battle on unfair competition.

Amazon’s iRobot takeover cancelled: Unjustified regulatory hurdles spark legal battle on unfair competition.

AFPDerman customers are considering purchasing a robot vacuum cleaner NOS Nieuws•vandaag, 20:06 The takeover of the maker of robot vacuum cleaners, iRobot, by online retailer Amazon is cancelled. The companies announced this today. They speak of “unjustified and disproportionate regulatory hurdles that discourage entrepreneurs”. On paper, the acquisition of robot vacuum cleaner manufacturer iRobot would … Read more

Heidenreichstein – “Nuria” on the town square in new hands

Heidenreichstein – “Nuria” on the town square in new hands

Tanja Zibek-Scheidl (2nd from left), together with her husband Ewald and their children Stefan and Carolina, welcomed Martin Hörmann, Ingrid Säuerl, Michael Dorfmeister, Alexandra Weber and Gabriela Frantes, among others, to the opening of the newly acquired store in Heidenreichstein. Photo: Franz Dangl ZA business takeover took place in Heidenreichstein. Gerlinde Meixner, who founded “Nuria” … Read more

ERGOFIT Joins Forces with PHYSIOMED ELEKTROMEDIZIN AG for a Strong Partnership and Secure Future

ERGOFIT Joins Forces with PHYSIOMED ELEKTROMEDIZIN AG for a Strong Partnership and Secure Future

“We know the market and appreciate that traditional company ERGOFIT for many years as suppliers and cooperation partners‘ says the CEO PHYSIOMED ELEKTROMEDIZIN AGMarcus Melching. ERGOFIT produces high-quality equipment and has highly motivated employees more than 70 years of experience. Don’t miss any Fitness-NEWS more!Follow us at Facebook, LinkedIn, Instagram & Twitter The company is … Read more

National Council rejects federal financial guarantees for CS takeover, causing concern for stability and uncertainty in Swiss economy.

National Council rejects federal financial guarantees for CS takeover, causing concern for stability and uncertainty in Swiss economy.

The National Council rejects federal financial guarantees in connection with the CS takeover. Mitte and FDP fear destabilization as a result of the decision. FDP party president Thierry Burkart in an interview with Nau.ch – Nau.ch Ad the essentials in brief The grand chamber voted no to Credit Suisse loans from the federal government. The … Read more

Swiss authorities are investigating the £2.6bn takeover of Credit Suisse by UBS amid possible breaches of criminal law, with government officials, regulators and executives at both firms under scrutiny. The move comes after Credit Suisse was rescued by its rival two weeks ago due to fears it would implode. The deal saw the creation of an institution with £1.3tn in assets.

Swiss authorities are investigating the £2.6bn takeover of Credit Suisse by UBS amid possible breaches of criminal law, with government officials, regulators and executives at both firms under scrutiny. The move comes after Credit Suisse was rescued by its rival two weeks ago due to fears it would implode. The deal saw the creation of an institution with £1.3tn in assets.

Swiss prosecutors are investigating the takeover of Credit Suisse by rival UBS, following allegations of illegal collusion and market manipulation. The probe has sent shockwaves through the banking industry, as both Credit Suisse and UBS have faced scrutiny over their secretive dealings and the potentially damaging impact of their merger on competition in the Swiss … Read more