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UniCredit Wins ECB Approval for Commerzbank

UniCredit received European Central Bank approval to take control of Germany Commerzbank after completing a hostile takeover offer. The Italian bank expects to secure around fifty percent of voting rights by the end of the year, advancing Europes largest cross-border banking deal.

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Traffic lights glow near a logo of Commerzbank at a branch as Italy's UniCredit launches an unsolicited bid to increase its stake above 30% in Commerzbank, crossing the mandatory 30% takeover threshold under German law, in Cologne, Germany, March 16, 2026. REUTERS/Thilo Schmuelgen/File Photo

UNICREDIT SPA secured European Central Bank approval on Thursday to take control of COMMERZBANK AG following a €45 billion takeover bid.
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