Commerzbank said it would defend the interests of its shareholders as it fends off an acquisition move from UniCredit
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Commerzbank
will defend the interests of its shareholders amid its ongoing takeover tussle with Italy’s UniCredit
, the German lender’s CEO Bettina Orlopp said Friday.
Speaking with CNBC’s “Squawk Box Europe”, Orlopp said Commerzbank remains open to discussions with UniCredit — but stressed that the Milan-headquartered bank must recognize the strength of its “reliable, aspirational” standalone strategy in any new talks.
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