The European Central Bank has granted permission to Italian bank UniCredit to acquire up to 29.9% of Commerzbank, opening the door for CEO Andrea Orcel to explore a takeover of Germany’s second-largest listed bank.
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The European Central Bank has granted permission to Italian bank UniCredit to acquire up to 29.9% of Commerzbank, opening the door for CEO Andrea Orcel to explore a takeover of Germany’s second-largest listed bank.
