UniCredit's Surprise Commerzbank Stake
This is a news story, published by CNBC, that relates primarily to UniCredit news.
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Business & Economics
UniCredit CEO says Commerzbank shares are now too far 'beyond the fundamentals' for a takeover offer

73% Informative
UniCredit has built a surprise stake in Commerzbank of 28% since September through derivatives.
The Italian bank has the European Central Bank's authorization to hold up to 29.9% in the lender.
UniCredit stressed that UniCredit is presently "far away" from a merger bid.
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