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Business & Finance

Germany blocks UniCredit bid for Commerzbank but the share price soars

Euronews Tuesday 16 June 2026, 14:10 UTC 1 min read
Key Points

The federal government, which holds 12% of the shares, has rejected the Italian bank’s bid for the German lender, calling it aggressive and hostile. UniCredit soars on the stock market as the Frankfurt prosecutor investigates alleged market manipulation.

The federal government, which holds 12% of the shares, has rejected the Italian bank’s bid for the German lender, calling it aggressive and hostile. UniCredit soars on the stock market as the Frankfurt prosecutor investigates alleged market manipulation.
Germany (LOCATION) UniCredit (ORG) Commerzbank (ORG) Italian (ORG) German (ORG) Frankfurt (LOCATION)
Originally published by Euronews Read original →

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