German govt rules out increasing Commerzbank stake again, says lawmaker
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FILE PHOTO: A 3-D printed Commerzbank logo is seen near Unicredit credit cards in this illustration taken September 20, 2017. REUTERS/Dado Ruvic/Illustration/File Photo
BERLIN (Reuters) - The German government has ruled out increasing its stake in Commerzbank again in the takeover dispute with Italy's Unicredit during a meeting of the parliamentary finance committee, lawmaker Michael Schrodi said on Wednesday.
"The question is whether this can be ruled out in the long term," said Schrodi, a lawmaker for the Social Democrats (SPD).
(Reporting by Christian Kraemer, Writing by Miranda Murray, Editing by Madeline Chambers)
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