Finance
UniCredit CEO tells CNBC acquisition of Commerzbank could happen in fourth quarter
UniCredit CEO Andrea Orcel told CNBC Thursday that the Italian bank could "potentially" acquire Commerzbank in the fourth quarter.


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UniCredit CEO Andrea Orcel told CNBC Thursday that the Italian bank could "potentially" acquire Commerzbank in the fourth quarter.

The Italian lender is making a takeover bid for German rival Commerzbank, despite pushback in Germany.

The UniCredit CEO stressed that UniCredit is presently "far away" from a merger bid with Commerzbank and would first seek a "constructive solution" to oppositi…

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