Commerzbank (CBK GY) is open to discussions of a tie-up with UniCredit (UCG IM), according to the FT
- Sources suggested Commerzbank did not know about the tie up until Wednesday morning via regulatory statement.
Analysis details (10:58)
- Bloomberg reported that UniCredit has bought the 4.49% stake that the German Government has sold in Commerzbank, making the bank a major investor; UniCredit is said to own 9% of Commerzbank after the latest purchase, according to Bloomberg.
11 Sep 2024 - 10:56- Equities- Source: Newswires
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