UniCredit Becomes Commerzbank’s Largest Shareholder with 20% Stake

UniCredit Becomes Commerzbank's Largest Shareholder with 20% Stake

In a significant development in the European banking landscape, Italy’s UniCredit has announced that it has doubled its direct stake in Germany’s Commerzbank to nearly 20 percent, officially making it the largest shareholder, surpassing the German state. This strategic move is poised to reshape relationships within the banking sector and is indicative of UniCredit’s ambitions...

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