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Any Commerzbank takeover by UniCredit not subject to investment screening, German government source says

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2024.12.19 10:46

BERLIN (Reuters) – Germany will not subject any potential takeover of Commerzbank (ETR:) by Italy’s UniCredit to an investment screening, a German government source said on Thursday.

© Reuters. FILE PHOTO: A Commerzbank logo is pictured before the bank's annual news conference in Frankfurt, Germany, February 9, 2017. REUTERS/Ralph Orlowski/File Photo

The source said that was regardless of whether the German lender were considered so-called critical infrastructure or not.

UniCredit wasn’t immediately available for comment.

3 hours ago

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