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unicredit seeks clarity on commerzbank takeover plans by end of 2025
UniCredit chief Andrea Orcel is seeking discussions with Germany's new government regarding a potential takeover of Commerzbank, aiming for clarity by the end of 2025. With elections set for February 23, he emphasizes the importance of government support for the deal, expressing hope for progress by summer.
unicredit seeks clarity on commerzbank takeover plans by end of 2025
UniCredit's chief, Andrea Orcel, is seeking clarity on a potential takeover of Commerzbank by the end of 2025, contingent on discussions with Germany's new government following elections on February 23. He emphasized the importance of government support for the deal, expressing hope for progress by summer.
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