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Germany Rejects UniCredit’s Commerzbank Bid on Last Day (opens original article in a new tab)

TL;DR

Germany rejected UniCredit's €39 billion takeover bid for Commerzbank, stating it supports the bank's independence for its role in the national economy.

  • Germany rejected UniCredit's €39 billion offer for Commerzbank
  • Germany supports Commerzbank's independence due to its economic importance

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