Accueil > Actualité
Actualite financiere : Actualite bourse

ING: end of merger talks with Commerzbank?

( - The ING share is up 1.
5% in Amsterdam today after news that its merger project with ING has been abandoned.

Meanwhile, the Commerzbank share is also up around 1.6% in Frankfurt.
ING's management no longer appears to be interested in a merger with Commerzbank, the German daily Handelsblatt reports. The group appears to have decided not to continue talks after several meetings between the two groups' directors.

Ralph Hamers, CEO at ING said at the start of June that cross-border mergers currently present a "limited" interest, Aurel BGC analysts said this morning.

At present, ING and Commerzbank have respective market capitalisations of 38.2 billion and 7.9 billion euros. These may be compared with France's Société Générale (18 billion euros), Crédit agricole SA (29 billion euros) and BNP Paribas (51 billion euros).

Copyright (c) 2019 All rights reserved.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.