Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag UniCredit gets German approval to nearly triple its stake in Commerzbank to 30%.

flag UniCredit has received approval from Germany's Federal Cartel Office to increase its stake in Commerzbank to nearly 30%, up from 9.5%. flag This follows a similar green light from the European Central Bank. flag Commerzbank, aiming to stay independent, says the approval doesn't change its situation. flag The German government, as the largest shareholder with a 12% stake, will watch UniCredit's next steps, which could lead to a full takeover.

7 Articles