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Italian peer Banco BPMCNBC
•79% Informative
UniCredit raises its potential stake in Commerzbank to 28% using further derivatives.
This marks an increase from a 21% holding previously.
UniCredit has applied to the European Central Bank for permission to acquire a stake of up to 29.9% in the German bank.
CEO Andrea Orcel simultaneously pursues a bid for Italian peer Banco BPM .
VR Score
88
Informative language
91
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85
Article tone
semi-formal
Language
English
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55
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short-lived
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