Merz Sees No Risk of UniCredit Taking Over Commerzbank Currently

German Chancellor Friedrich Merz currently sees no risk that Italy’s UniCredit SpA will be able to take over Commerzbank AG.

“The bank’s stake in Commerzbank is now below the threshold at which it would have to make a takeover offer,” Merz told reporters in Rome Saturday. “It’s currently unclear whether this threshold will be reached or exceeded.”

Merz, who spoke at a press conference with Italy’s prime minister Giorgia Meloni, said that the two leaders didn’t discuss the topic during their hourlong meeting.

“We haven’t discussed UniCredit. We’re happy to do that at the next opportunity. But there’s ...