Report
German finance minister coordinates with Hesse and Frankfurt on UniCredit's Commerzbank takeover
Bloomberg reports Klingbeil’s coordination signals he is seeking a common approach to a deal expected to affect three administrations.
TLDR
Bloomberg reports German Finance Minister Lars Klingbeil said he has been coordinating his stance on UniCredit’s takeover of Commerzbank with counterparts in the state of Hesse and the city of Frankfurt. The coordination suggests he is seeking a common approach to a deal expected to affect all three administrations.
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