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Commerzbank
UniCredit secures 47.6% of Commerzbank after tender offer
UniCredit announced on Wednesday that it now holds 47.6% of Commerzbank after its voluntary public tender offer concluded, marking a milestone in the Italian bank's 21-month pursuit of its German rival.
UniCredit CEO says ECB likely to rule it controls Commerzbank
Teresa Ribera, the European Union's competition chief, has urged member states to stop resisting cross-border bank consolidation, arguing that deals benefiting the single market should be welcomed rather than thwarted by national governments.