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Germany blocks UniCredit bid for Commerzbank but the share price soars

Germany blocks UniCredit bid for Commerzbank but the share price soars
Latest News From Euronews | Euronews RSS

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.

This story was reported by Latest News From Euronews | Euronews RSS. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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