Germany Seeks Guarantees From UniCredit Over Commerzbank Takeover
The German finance minister is set to meet the UniCredit chief executive officer as the Italian lender moves towards acquiring its German rival.
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According to The Local, Germany's finance minister was scheduled to meet with the CEO of UniCredit on Monday. The meeting aims to secure guarantees regarding the future of Commerzbank.
The discussions take place as the Italian lender gears up to complete its takeover of the German rival, according to the report.
Source: The Local. Read the original report ↗
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This brief is based on reporting by The Local.