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Germany

UniCredit raises stake in Commerzbank to 28% through derivatives

Investors are watching whether UniCredit will proceed with a takeover venture of Germany's Commerzbank or Italian peer Banco BPM.

By: CNBC
  • Dec 18 2024
  • 33
  • 3751 Views
UniCredit raises stake in Commerzbank to 28% through derivatives
UniCredit raises stake in Comm
The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024.
Italy's UniCredit said on Wednesday it has raised its potential stake in Commerzbank to 28% using further derivatives, as markets watch whe... [488 chars]

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