International Companies

UniCredit ups stake in Commerzbank again as takeover speculation builds

By Benjamin Chiou

Date: Wednesday 18 Dec 2024

(Sharecast News) - Italian banking group UniCredit has upped its stake in German peer Commerzbank to 28% and is seeking a further investment that will take its holding to just below the threshold that requires a mandatory takeover offer.
The company said on Wednesday that now holds 9.5% through a direct...

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