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UniCredit wins German competition nod for minority stake in Commerzbank

( April 14, 2025, 09:37 GMT | Official Statement) -- MLex Summary: Italian lender UniCredit has obtained approval from the German antitrust authority to acquire a 29.99 percent stake in German rival Commerzbank, the watchdog said today. The office took a close look at the financial services that are particularly affected as the minority stake acquisition leads to a strengthened market position of UniCredit at the private and business customer level in Germany.  But the authority ultimately concluded that major competitors are active in all areas. It therefore decided to clear the transaction, boss Andreas Mundt said. Statement follows (in German). ...

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