UniCredit woos Commerzbank shareholders in €35 billion takeover bid
UniCredit is offering higher returns to Commerzbank shareholders as it pursues a €35 billion ($41 billion) takeover that faces strong opposition in Germany.
Italian bank UniCredit wooed shareholders in Germany's Commerzbank with promises of higher returns as it seeks to win a €35 billion ($41 billion) takeover. The bid has been fiercely opposed by many Germans.