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Andrea Orcel mentioned that UniCredit could consider selling its 26% stake in Commerzbank, in the event that an offer from outside the European Union would be advantageous for shareholders. Although UniCredit has tried to consolidate its shareholding and propose a merger, the management of Commerzbank has opposed it, and the German state, which holds 12% of the bank, does not support a takeover. Orcel emphasized that his goal remains to build a stronger bank in Europe.
Sources

UniCredit ar putea vinde participaţia la Commerzbank unei bănci din afara UE, spune CEO-ul Andrea Orcel

UniCredit ar putea vinde participaţia la Commerzbank unei bănci din afara UE, spune CEO-ul Andrea Orcel

Saga preluării Commerzbank de către UniCredit / Directorul băncii italiene spune că ar putea vinde participația deținută la banca germană: „Mi-aș dori asta? Nu neapărat, de un an încerc să creez o bancă mai puternică în Europa”