Explainer-ECB's role in any UniCredit and Commerzbank combination

By Yahoo! Finance | Sep 19, 2024 at 07:37 AM EST

UniCredit has acquired a 9% stake in Commerzbank with plans to potentially increase it to 29.9% and consider a full takeover. ECB approval is needed for any stake over 10%, with examination criteria including financial health and supervisory compliance.

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