Ministry of Finance sticks to selling Commerzbank shares

The German Finance Ministry remains determined to divest its entire stake in Commerzbank. This decision persists despite a recent offer from the Italian UniCredit to acquire all the shares on offer. This information comes from well-informed sources. Although the Finance Ministry oversees Germany's stake in Commerzbank, any decision regarding further sales requires the unanimous approval of a committee. This body comprises representatives from various government offices, including the office of Chancellor Olaf Scholz. Currently, it is unclear whether the Chancellor's office shares the Finance Ministry's view on the further sale of Commerzbank shares.