Kommentar: Commerzbank-Übernahme – Bundesregierung wird vom Blockierer zum Bittsteller
Finanzminister Klingbeil empfängt Unicredit-Chef Orcel, um über die Commerzbank zu sprechen. Die Regierung ändert damit ihre Strategie. Doch sie ist längst in der schwächeren Position.
On this Monday, a two-year silence period comes to an end. Finance Minister Lars Klingbeil (SPD) meets with Unicredit CEO Andrea Orcel to discuss the future of Commerzbank. This marks a strategic shift that has occurred in recent months: the German government has come to realize that it cannot prevent the takeover of Commerzbank.
Now, they aim to dictate certain conditions. Two years have passed since Unicredit swooped in at midnight to acquire a stake in Commerzbank. On September 10, 2024, the Bund offered a portion of its ownership in the Commerzbank for sale. The following morning, it was announced that Unicredit had acquired the package and secured additional shares.
Former Chancellor Olaf Scholz (SPD) and Finance Minister Christian Lindner (FDP) found themselves disgraced after a poorly prepared privatization step inadvertently turned the second-largest German bank into a takeover target. Subsequent negotiations with Orcel were rejected by Berlin, who were, unjustly, angered by the aggressive approach of the Italian.
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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