22H·

Commerzbank Tower soon to be UniCredit Tower?

The time has come! The cards are on the table! The $UCG (-1,56 %) wants to take over $CBK (-1,11 %) for around €30.80 (in the form of UniCredit shares).

I myself am a UC investor and have profited handsomely from the investment. In this role, I'm delighted about the offer, because it means UniCredit can continue to grow and become a really big bank!

What do you think? 😎

2 Commentaires

Roman@Roman_moed

20H

But the share price is already at €31.70, so how can they offer less than that?

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GAE@The_Investo_tte_r

20H

@Roman_moed At the time of the offer, the share price was below this level. Now the price is rising for many reasons. As a rule, the share price always rises close to the offer price after such offers.

There can be many reasons why it now rises above the offer, but usually no rational reasons.

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