German Chancellor Friedrich Merz has downplayed the likelihood of Italy’s UniCredit launching a full acquisition of German lender Commerzbank (ETR: CBKG) in the near term. Speaking at a press conference in Rome after meeting with Italian Prime Minister Giorgia Meloni, Merz confirmed that the current 28% stake UniCredit holds in Commerzbank remains below the legal 30% threshold that would mandate a formal takeover offer under German law.
UniCredit, which received approval from the European Central Bank in March to increase its stake to 29.9%, has stated the holding is purely a financial investment. The Italian bank has pushed any decision on a potential takeover of Commerzbank to 2026 or 2027, even while acknowledging that a full acquisition would be the most strategic outcome.
Merz reiterated that there are no immediate concerns or discussions between the two governments regarding a merger. “It is not foreseeable that this level will be reached or crossed,” he said, adding that no talks on Commerzbank took place during his meeting with Meloni. “We would only address the matter if circumstances change.”
The German finance ministry also dismissed recent media reports suggesting Finance Minister Lars Klingbeil might hold talks with his Italian counterpart over UniCredit’s ambitions. Merz has previously warned that a takeover of Commerzbank by UniCredit would be “devastating” for Germany, indicating Berlin’s clear stance against foreign acquisition of key national financial institutions.
The potential merger between UniCredit and Commerzbank continues to draw scrutiny as the Italian lender edges close to the critical threshold, yet political resistance and regulatory caution are likely to delay any concrete moves.


Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Trump Allegedly Sought Airport, Penn Station Renaming in Exchange for Hudson River Tunnel Funding
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing
U.S. Announces Additional $6 Million in Humanitarian Aid to Cuba Amid Oil Sanctions and Fuel Shortages
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action
U.S. Lawmakers to Review Unredacted Jeffrey Epstein DOJ Files Starting Monday
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks 



