German regulator sets April deadline for any initial UniCredit-Commerzbank nod
Published by Global Banking & Finance Review®
Posted on March 19, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 19, 2025
1 min readLast updated: January 24, 2026
German antitrust authorities set an April 14 deadline for UniCredit's approval to acquire a stake in Commerzbank, with delays in the process.
DUESSELDORF (Reuters) - A deadline for German antitrust authorities to give possible initial approval for Italy's UniCredit in taking a substantial stake in Germany's Commerzbank expires on April 14, a spokesperson for the regulator said on Wednesday.
Last month, UniCredit lodged an application with the German authorities for the approval, and earlier on Wednesday the Italian bank's CEO said the authorization process was taking longer than expected.
(Reporting Matthias Inverardi; writing by Tom Sims; editing by Matthias Williams)
The article discusses the German regulator's deadline for approving UniCredit's acquisition of a stake in Commerzbank.
The Italian bank's CEO mentioned that the authorization process is taking longer than expected.
The deadline for the German regulator's decision is April 14.
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