UniCredit Acquires Commerzbank Shares
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additional Commerzbank sharesCNBC
•UniCredit boosts its stake in Commerzbank, applies to own up to 29.9% of the German bank
79% Informative
UniCredit says it acquired additional Commerzbank shares through financial instruments.
The Italian bank says it believes there is "substantial value" that can be unlocked within the bank.
Berlin has been a major shareholder since it injected $20.2 billion to rescue the lender during the 2008 financial crisis.
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