Italy's UniCredit increases stake in German lender Commerzbank to 20%

NAMPA / DPA

2025-07-09

Frankfurt (dpa) - Italian lender UniCredit has become the largest shareholder in Frankfurt-based Commerzbank, as its bid to take over Germany's second-largest private bank took a major leap. "Once again, this step has not been agreed with Commerzbank," said the German bank on Wednesday, hours after UniCredit said it had doubled its direct stake from just under 10% to around 20%. The Milan-based bank said it converted half of the financial instr......

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