UniCredit boss targets 30% stake in Germany's Commerzbank by year end

NAMPA / DPA

2025-09-04

Frankfurt (dpa) - Italian lender UniCredit is set to increase its stake in Germany's Commerzbank to 30% by the end of the year, chief executive Andrea Orcel said on Thursday. "We will be at around 30 [%] by the end of the year," Orcel said at the Handelsblatt Banking Summit in Frankfurt. The comments come as the Milan-based institution is seeking to acquire Commerzbank, Germany's second-largest private bank, having taken advantage of the German......

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