German Chancellor Friedrich Merz has expressed confidence that a takeover of Commerzbank by UniCredit is not imminent. Merz stated that UniCredit currently holds less than the required stake to trigger a formal takeover bid. The threshold for such a bid remains uncertain, leaving room for speculation about potential future moves.
Merz’s reassurance suggests there is no immediate cause for concern regarding acquisition possibilities at this time.
Source: https://www.gurufocus.com/news/2872255/crzby-german-chancellor-dismisses-unicredit-takeover-concerns-crzby-stock-news