Italy's UniCredit launched an unsolicited bid to increase its stake in Commerzbank above 30% in an effort to unlock an 18-month stalemate and push its ‌German rival to accept merger talks

Italy's UniCredit launched an unsolicited bid to increase its stake in Commerzbank above 30% in an effort to unlock an 18-month stalemate and push its ‌German rival to accept merger talks