UniCredit has received antitrust clearance from the German Federal Cartel Office to increase its direct stake in Commerzbank up to 29,99% of its share capital and voting rights.
As previously stated, UniCredit's focus remains on executing the second phase of UniCredit Unlocked strategy. Commerzbank remains an investment with economic downside protection. UniCredit has secured optionality and can execute only if its strict financial metrics are met, and its exciting base plan is improved.
Milan, 14 April 2025
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