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Germany blocks UniCredit bid for Commerzbank but the share price soars

Euronews · Jun 16, 2026, 2:10 PM · Also reported by 1 other source

Why this matters: an international story with cross-border implications worth tracking.

The federal government, which holds 12% of the shares, has rejected the Italian bank’s bid for the German lender, calling it aggressive and hostile. UniCredit soars on the stock market as the Frankfurt prosecutor investigates alleged market manipulation.

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Yahoo Finance Berlin Swats Away UniCredit's Aggressive Commerzbank Bid

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