UniCredit Increases Stake in Commerzbank to 34.4%
UniCredit has raised its direct stake in German lender Commerzbank to 34.4% through an ongoing takeover offer, which is currently below the market price and faces opposition from Germany. The bank also holds derivatives equivalent to 16.4% of shares, bringing its total holding to 37.6%.
Topics: Commerzbank shareholding increase takeover offer UniCredit