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EZB allows the buy of Commerzbank

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The bank Unicredit wants to buy Commerzbank. The EZB allows this now. This is a big choice. Unicredit now owns many Aktien. There is no limit now.

Unicredit wants fifty percent of Stimm-Rechte soon. Then Unicredit controls the bank. The EZB likes the deal. The EZB wants banks to work together.

Unicredit comes from Mailand. Unicredit owns another bank in Deutschland. The government worries about jobs. The government wants to save jobs.

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Definitions

EZB
The EZB is the central bank for Europe. The EZB watches all big banks.
Aktien
Aktien are parts of a company. You own a small piece of the firm.
Stimm-Rechte
Stimm-Rechte help you decide things at a company.

Locations

Mailand
Mailand is a big city in Italy.
Deutschland
Deutschland is a country in Europe.

Sources

Logo ZDFheute
ZDFheute

EZB gibt grünes Licht: Unicredit darf Commerzbank übernehmen

Read now
Logo FAZ
FAZ

EZB genehmigt Unicredit-Übernahme der Commerzbank

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Logo Spiegel
Spiegel

EZB erlaubt UniCredit offenbar Übernahme von Commerzbank-Anteilen

Read now
Logo Bild
Bild

Eilmeldung: EZB erlaubt Unicredit Übernahme der Commerzbank

Read now

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