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Germany Sounded Out Possible Commerzbank White Knights This Year

Germany sounded out European lenders to defend Commerzbank AG against UniCredit SpA’s takeover bid earlier this year, according to people familiar with the matter.

The headquarters of Commerzbank AG seen from an observation platform in the Main Tower skyscraper in Frankfurt, Germany, on Monday, Nov. 4, 2024. Commerzbank�Chief Executive Officer�Bettina Orlopp�is seeking to unlock more capital to pay out or invest, as she makes the case for an independent bank in the face of a potential takeover by rival�UniCredit SpA. Photographer: Alex Kraus/Bloomberg
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Germany Sounded Out Possible Commerzbank White Knights This Year

Germany sounded out European lenders to defend Commerzbank AG against UniCredit SpA’s takeover bid earlier this year, according to people familiar with the matter.

The headquarters of Commerzbank AG seen from an observation platform in the Main Tower skyscraper in Frankfurt, Germany, on Monday, Nov. 4, 2024. Commerzbank�Chief Executive Officer�Bettina Orlopp�is seeking to unlock more capital to pay out or invest, as she makes the case for an independent bank in the face of a potential takeover by rival�UniCredit SpA. Photographer: Alex Kraus/Bloomberg
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