Increased Stakes: Germany Criticises UniCredit's 'Unfriendly' Moves on Commerzbank

Zeit Online

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According to Commerzbank, the fact that UniCredit now holds more shares has surprised the company. The German company wants to hold its shareholders with growth.

Deutschlandfunk

Center

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The Federal Government has criticised the Italian bank Unicredit for the further increase in its shares in Commerzbank in Germany.

berliner-sonntagsblatt.de

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The Federal Government has described the recent increase in shares in Commerzbank by the Italian bank Unicredit as an unfriendly act. “The position of the Federal Government remains unchanged: It rejects Unicredit's once again uncoordinated and unfriendly action,” a spokesman for the Federal Ministry of Finance told the “Rheinische Post” (Thursday edition). “The federal government supports Commerzbank's strategy of independence. The federal gove…

nachrichten.at

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FRANKFURT/MAILAND. Finally, the scenario of a Commerzbank car rental seemed far away, now the spectacular turnaround follows: the Italian bank-Austria mother UniCredit rises to the main action of Commerzbank in front of the German state and once again attracts the capital of the second-largest German private bank.

epochtimes.de

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Unicredit increases its direct participation in Commerzbank and overtakes the German state as the largest shareholder - to the anger of Frankfurter. Is a takeover offer now threatening?