UniCredit SpA and Commerzbank AG descended deeper into hostilities as the Italian lender continues its takeover pursuit of the German rival, with both sides accusing the other of distorting information and both appealing to regulators to step in.
German prosecutors are also getting involved in an effort to seek details of UniCredit’s statements to the regulator BaFin over allegations that its disclosure on the status of its takeover proposal may have misled markets, a spokesman for the prosecutors said. No probe has been opened.
The mutual recriminations deepen the intense public argument between the two firms over whether the rising ...
