UniCredit CEO Andrea Orcel has opened the door to a possible acquisition of German bank Commerzbank by the Italian group. The merger would create a giant with 1.3 trillion euros in assets and around 12.3 billion in annual profits, according to calculations by Goldman Sachs.
After acquiring 9% of the capital of Commerzbankthe CEO of UniCreditAndrea Orcel, opened the door to a possible Complete acquisition of German bankin what would be the largest M&A (merger acronym) operation
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