UniCredit Makes 35 Billion Commerzbank Bid to Cross 30% Threshold

Bloomberg
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UniCredit Makes 35 Billion Commerzbank Bid to Cross 30% Threshold
Bloomberg
Written by Bloomberg
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UniCredit made a 35 billion ($40 billion) bid for Commerzbank that will allow it to increase its shareholding beyond 30%, easing the path for a potential future acquisition. Bloomberg's Tommaso Ebhardt reports.

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