Übernahme: EU-Kommission will im November über Commerzbank-Übernahme entscheiden
Die EU-Kommission muss entscheiden, ob die geplante Übernahme der Commerzbank durch die italienische Großbank UniCredit Kartellrecht entspricht.
Brussels - The European Commission intends to decide by November 16th on UniCredit's takeover plans for Commerzbank, according to a statement from the authority on Friday. The financial institution had submitted its plans for scrutiny to EU competition watchdogs. The EU competition authorities are now reviewing the plans. The Federal Cartel Authority had previously declared that it would not oppose the takeover.
Federal Cartel Authority chief Andreas Mundt stated that in competitive terms, they see no problems. UniCredit has been pursuing Commerzbank for over two years and has secured nearly 50 percent of the Frankfurt institution despite German resistance. The two major banks are now in talks about a possible merger. More: UniCredit aims to quickly take control of Commerzbank and get rid of CEO Orlopp.
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