Unicredit: Commerzbank-Aufsichtsratschef Weidmann lehnt Rückzug des Bundes während Übernahme ab
Unicredit kommt mit der Übernahme der Commerzbank immer weiter voran. Deren Aufsichtsratschef Jens Weidmann wendet sich in einem Interview an die Bundesregierung.
Frankfurt - Commerzbank's supervisory board chief Jens Weidmann has urged the German government to refrain from selling its stake in the bank during Unicredit's acquisition attempt, as reported by the Süddeutsche Zeitung. Unicredit has gradually increased its ownership of Commerzbank to nearly 50%. The German government, which holds around 13% of the bank, played a key role in supporting the institution during the 2008/09 financial crisis when it was bailed out with taxpayer money.
While Weidmann suggested the Bundesregierung should "step back perspective" as the stake was a bailout measure and the government was not the best entrepreneur, he added that it still makes sense for the Bund to remain a shareholder in the current phase to actively represent Germany's interests.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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