Germany-based lending company Commerzbank has reportedly finalized an agreement with activist investor Petrus Advisers, in order to increase its stake in online lending Fintech firm Comdirect.
FRANKFURT (Reuters) - Commerzbank will offer minority shareholders of its Comdirect online brokerage unit Commerzbank shares as part of a planned full merger, following the failure of its cash offer. ...
Germany's Commerzbank is acquiring the 21.32% stake in online broker Comdirect Bank currently held by Deutsche Telekom subsidiary T-Online. The move increases Commerzbank's majority stake on the ...
LONDON (MarketWatch) -- Germany's Commerzbank AG [s DE:803200] said it has agreed to acquire T-Online International AG's 21.32% stake in German online bank Comdirect Bank AG . The deal takes ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The German lender has struck a deal to buy a block of ...
German retail banking is not best known for digital advances, let alone high profitability and growth. But in Commerzbank subsidiary Comdirect, the sector has one of Europe’s largest online-only banks ...