From Morningstar: 2024-10-04 05:40:00

Italian bank UniCredit, under new CEO Andrea Orcel, plans to increase its stake in rival Commerzbank, driving European financial sector growth. UniCredit’s share price has risen 53.33% YTD, reaching €37.67 and paying a €1.80 gross dividend per share. Despite obstacles, this move signals a significant shift in European financial mergers.



Read more at Morningstar: Dividend Watch: Will UniCredit Chasing Commerzbank…