The bank Uni-Credit comes from Italy. It wants to buy the German Commerz Bank. The Commerz Bank is a big bank in Germany. Uni-Credit offers a trade for shares. The German government owns shares too. They own 12 percent of the shares. The government says no to the offer.
The Finanz-Agentur works for the government. It says: The offer is too low. The price for the shares is bad. The government likes the bank as it is. The bank is important for German firms. The bank gives work to many people in Frankfurt. The bank should stay alone.
Uni-Credit makes threats to the board. The Italians own 40 percent of the shares. They can decide many things now. They can change the bosses of the bank. The Commerz Bank has fear for its freedom. It asks the Bafin for help. The time for the offer ends soon.
