EconomyItaly’s UniCredit wins ECB approval to control Germany’s Commerzbank

UniCredit, Italy’s second-largest bank, said the European Central Bank approved its move to control Commerzbank. Its stake in the German rival reached 48% after a hostile takeover offer was completed in July.

bankingUniCreditCommerzbank

RReuters★★★☆☆2026-10-15 23:45Original