UniCredit has increased its stake in Commerzbank to approximately 28%, intensifying Chief Executive Officer Andrea Orcel's efforts to pursue the German lender. This move, which was executed through derivatives, raises speculation about a potential takeover of Germany's second-largest private bank. Despite the increase in stake, UniCredit has stated that this investment does not impact its offer for Banco BPM. The announcement has garnered attention across various financial news outlets, highlighting the strategic implications of this acquisition for both banks involved.
