UniCredit Makes €35 Billion Takeover Bid for Commerzbank
UniCredit has submitted a €35 billion ($40 billion) takeover bid for German bank Commerzbank, one of the largest proposed banking mergers in European history. UniCredit stated it does not expect to gain full control of the target, suggesting a partial or strategic acquisition. The deal would significantly reshape the European banking landscape.
UniCredit Commerzbank takeover bid European banking M&A