Milan, Italy, June 16, 2026 (AFP) - Deadline looms for UniCredit's hostile bid for Commerzbank

NAMPA / AFP

2026-06-16

Tuesday marks the final day for UniCredit's hostile and highly political takeover offer for Commerzbank, as Italy's second-largest bank has its sights on an ambitious pan-European banking merger. The Milan-based bank launched its bid, valued at 35 billion euros ($40.6 billion), in early May to gain control of its German rival and cement its status as a European heavyweight. UniCredit's offer officially ends Tuesday at 11:59 pm (2159 GMT), unles......

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