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المشهد العربي
Yoni requests EU approval for Commerzbank deal
UniCredit, the Italian banking group, has submitted an official request to the European Union for approval to acquire Commerzbank, in which the German government owns a 13.3% stake. The European Commission has set a decision deadline for mid-November. This move aligns with European efforts to support banking mergers and acquisitions and create strong global entities, with UniCredit maintaining approximately half of the shares in the German bank.
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