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This combination of pictures created on December 18, 2024 shows the logo of Italian bank Unicredit in Milan (top) and on May 13, 2020 the logo of German bank Commerzbank on one of the bank’s branches in Berlin. Italian bank UniCredit on March 16, 2026, made a 35-billion-euro ($40 billion) takeover offer for Germany’s Commerzbank, a move likely to provoke fierce resistance from the government in Berlin. While stressing that it did not expect to take full control, UniCredit said it would raise its stake in the German bank to more than 30 percent, triggering a mandatory takeover offer for the whole bank under German law.

This combination of pictures created on December 18, 2024 shows the logo of Italian bank Unicredit in Milan (top) and on May 13, 2020 the logo of German bank Commerzbank on one of the bank’s branches in Berlin.
Italian bank UniCredit on March 16, 2026, made a 35-billion-euro ($40 billion) takeover offer for Germany’s Commerzbank, a move likely to provoke fierce resistance from the government in Berlin.
While stressing that it did not expect to take full control, UniCredit said it would raise its stake in the German bank to more than 30 percent, triggering a mandatory takeover offer for the whole bank under German law.

This combination of pictures created on December 18, 2024 shows the logo of Italian bank Unicredit in Milan (top) and on May 13, 2020 the logo of German bank Commerzbank on one of the bank’s branches in Berlin.
Italian bank UniCredit on March 16, 2026, made a 35-billion-euro ($40 billion) takeover offer for Germany’s Commerzbank, a move likely to provoke fierce resistance from the government in Berlin.
While stressing that it did not expect to take full control, UniCredit said it would raise its stake in the German bank to more than 30 percent, triggering a mandatory takeover offer for the whole bank under German law.