Germany is considering introducing a law to protect domestic banks from cross-border takeovers after UniCredit plans to merge with Commerzbank.
Gabriel Neagu
International
SURSA FOTO: PIXABAY
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The Italian publication La Repubblica reported that Germany is considering a law to protect domestic banks from cross-border takeovers as UniCredit increases its stake in Commerzbank. The German government initially denied the report, but speculation about a possible merger between the two banks has sparked discussions on the matter.
Sources
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