Any Commerzbank takeover by UniCredit not subject to investment screening, German government source says
Any Commerzbank takeover by UniCredit not subject to investment screening, German government source says
Published by Global Banking and Finance Review
Posted on December 19, 2024
BERLIN (Reuters) - Germany will not subject any potential takeover of Commerzbank by Italy's UniCredit to an investment screening, a German government source said on Thursday.
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.
(Reporting by Christian Kraemer and Valentina Za; Writing by Tom Sims; Editing by Madeline Chambers)