UniCredit Hires Bankers to Advise on Commerzbank

Posted on 05/14/2019

Now that the Deutsche Bank AG and Commerzbank merger is dead in the water, UniCredit S.p.A. is looking to bid on Commerzbank. UniCredit hired some investment bankers to advise on a bid for Commerzbank. UniCredit is working with Lazard, specifically through Joerg Asmussen, the former German deputy finance minister, and JPMorgan.

UniCredit owns Munich-based lender HVB.

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