Unicredit increases its stake in Commerzbank to 47.6% after extending acquisition offer

UniCredit Bank of Italy announced its acquisition of 47.6% of shares in Germany's Commerzbank, following the completion of the special acquisition offer, having previously collected 26.7%. The Italian bank aims to increase its stake to over 30% to buy additional shares without the need for a new offer, while the German government opposed the proposal, describing it as aggressive. Currently, it owns around 12% of the German bank's shares.

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