Commerzbank CEO Says UniCredit Takeover Bid Was a ‘Surprise’

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    Commerzbank Chief Executive Officer Bettina Orlopp speaks on Bloomberg Television following Monday’s €35 billion ($40 billion) bid from UniCredit. Orlopp tells Bloomberg’s Anna Edwards UniCredit’s offer was a “surprise” and it is a “very low price.” She adds Commerzbank will focus on its own strateg…

    Source: bloomberg

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