UniCredit increases stake in Commerzbank to 21%

The Italian bank said the purchase would be completed when it receives regulatory approval to increase its stake by 9%.

UniCredit has increased its stake in Commerzbank from 9% to 21%. The move could lead to a hostile takeover of the German lender and would likely lead to riots in Berlin.

Italian banks said on Monday they had bought another 11.5%

To continue reading, use Premium
Try it for €1 for the first month

and enjoy unlimited access to all Expansión web content


Or register with your Google account in two clicks



Source link

Leave a Comment

OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD OPD