From Yahoo Finance: 2025-05-15 02:36:00

Commerzbank’s CEO and employees back standalone strategy amid UniCredit advances at shareholder meeting. About 200 employees protested outside with signs supporting independence. UniCredit, holding nearly 10% stake, aims for a pan-European merger, causing concern among employees and German officials. Shareholders at meeting support Commerzbank’s strategy, with some open to cooperation but against a takeover. Last quarter, Commerzbank’s profit rose 12%, showing resilience amid economic challenges. Shareholder lobby group DSW firmly opposes takeover, citing past merger failures.



Read more at Yahoo Finance: Commerzbank CEO and workers rally to fend off UniCredit as investors meet