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Unicredit could sell Commerzbank stake to non-EU bank, CEO tells German paper
Yahoo Finance· 2025-09-13 20:50
BERLIN (Reuters) -UniCredit CEO Andrea Orcel said the Italian lender may consider the sale of its stake in Germany's Commerzbank to a bank outside the European Union if it received a good offer that shareholders wanted, a German newspaper reported on Saturday. Over the last year, UniCredit has built a 26% equity stake in the German lender and pressed for a tie-up, which Commerzbank opposes. The German state holds a 12% stake in the bank and the government in Berlin is also against a takeover. If sharehol ...