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Any Commerzbank takeover by UniCredit not subject to investment screening, German government source says

By Thomson Reuters Dec 19, 2024 | 9:40 AM

BERLIN (Reuters) – Germany will not subject any potential takeover of Commerzbank by Italy’s UniCredit to an investment screening, a German government source said on Thursday.

The source said that was regardless of whether the German lender were considered so-called critical infrastructure or not.

UniCredit wasn’t immediately available for comment.

(Reporting by Christian Kraemer and Valentina Za; Writing by Tom Sims; Editing by Madeline Chambers)