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flag UniCredit's CEO says Commerzbank's stock is too pricey for a takeover, despite holding a stake.

flag UniCredit's CEO, Andrea Orcel, says Commerzbank's shares are too expensive for a takeover, as the stock price has surpassed its value. flag UniCredit has a 28% stake in Commerzbank and has ECB authorization to hold up to 29.9%. flag Despite Commerzbank’s share price surging 76% this year, Orcel emphasizes that a merger bid is not imminent and that UniCredit seeks a "constructive solution" to the German government's opposition.

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