Germany/Economy/Italian bank makes takeover bid for German rival Commerzbank

Italian bank makes takeover bid for German rival Commerzbank

Mar 17, 20266 sources

org:unicreditorg:commerzbank

Summary

Italy's UniCredit has made a takeover bid for Germany's Commerzbank, valuing the bank at 35 billion euros. The German government's ruling SPD party has rejected the proposed acquisition, which would give UniCredit a stake of over 30%.

Related Coverage

Same story covered from other perspectives

Southern EuropeEconomy

Italian bank makes takeover bid for German rival, drawing political opposition

6 sources6 shared

Source Headlines

6 headlines from 5 publishers

Germany’s Ruling SPD Rejects UniCredit Takeover of Commerzbank

Mar 16

Italy’s UniCredit Makes Takeover Bid for Germany’s Commerzbank

Mar 16