World & BusinessCommerzbank could acquire UniCredit subsidiary HypoVereinsbank
Handelsblatt reports that UniCredit could increase its stake in Commerzbank through a share swap as part of a potential tie-up.
TLDR
Commerzbank could take over HypoVereinsbank as part of a combination with its Italian parent, UniCredit, Handelsblatt reports. Under that scenario, a share swap could allow UniCredit to expand its stake in Commerzbank.
Commerzbank could acquire UniCredit subsidiary HypoVereinsbank
Handelsblatt reports that UniCredit could increase its stake in Commerzbank through a share swap as part of a potential tie-up.
TLDR
Commerzbank could take over HypoVereinsbank as part of a combination with its Italian parent, UniCredit, Handelsblatt reports. Under that scenario, a share swap could allow UniCredit to expand its stake in Commerzbank.