German Chancellor Friedrich Mirz said on Saturday that Rome (Reuters) -Jeremani does not expect the University of Italy to launch a full offer to its German opponent Commerzbank at the present time.
UNicredit revealed last year that it built a network of financial transactions through derivatives to secure the commerzbank share of about 28 %, and in March obtained the approval of the European Central Bank to obtain 29.9 %.
He said that the share is a financial investment and a decline in any decision regarding the full acquisition process, which it says will be the best result, until 2026-2027.
Under the German bases that cross the 30 % threshold, lead to the display of the acquisition.
“The class in Commerzbank is less than that which will require an offer to acquire. It is not expected that this level will be reached or crossed.”
Mirz said he did not discuss Commerzbank with Meloni because there was no reason for that.
“We will discuss any other things if the issue should appear in a different light,” he said.
Mirz has already spoken against the potential acquisition attempt, which he said would be devastating to Germany.
On Friday, the German Finance Ministry denied a media report that Finance Minister Lars Klingbeil may meet his Italian counterpart to discuss the payment of unicredit for integration.
(She participated in the reports of Sarah Rossi, Victoria and Al -Darssi, edited by Craisan Palmer)
https://media.zenfs.com/en/reuters-finance.com/b25b759a9c53bd692701cabadff8378a
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