
UniCredit Secures Majority Stake in Commerzbank After Takeover Offer
UniCredit has successfully secured a significant stake in Commerzbank, now holding 49.65% of the voting rights after its takeover offer. This move positions UniCredit to have a dominant influence over the German bank.
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UniCredit secures 48% stake in Commerzbank
Italian bank closing in on majority control of German lender after end of tender period
Read full article →UniCredit says it owns 47.59% of Commerzbank after takeover offer
(ANSA) - ROME, JUL 8 - UniCredit said Wednesday that it owns 47.59% of Commerzbank after acquiring 17.60% of its stock with its takeover offer for the German bank. Italy's second-biggest lender said the result was "well ahead of original expectations" for the offer, which was launched in May and closed earlier this month after a two-week extension of the tender period. UniCredit started to acquire the German bank's stock in 2024 and had taken its stake up to close to 30%, the threshold at whi...
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