German lender Commerzbank AG says it has formally rejected Italian rival UniCredit Spa’s latest takeover proposal, saying it lacks value and undermines trust. Bloomberg’s Tom Metcalf reports. (Source: Bloomberg)
Commerzbank Rejects UniCredit’s ‘Hostile’ Approach
German lender Commerzbank AG says it has formally rejected Italian rival UniCredit Spa’s latest takeover proposal, saying it lacks value and undermines trust. Bloomberg's Tom Metcalf reports. (Source: Bloomberg)
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