German regulator sets April deadline for any initial UniCredit-Commerzbank nod

DUESSELDORF (Reuters) - A deadline for German antitrust authorities to give possible initial approval for Italy's UniCredit in taking a substantial stake in Germany's Commerzbank expires on April 14, a spokesperson for the regulator said on Wednesday.

Last month, UniCredit lodged an application with the German authorities for the approval, and earlier on Wednesday the Italian bank's CEO said the authorization process was taking longer than expected.

(Reporting Matthias Inverardi; writing by Tom Sims; editing by Matthias Williams)

You May Also Be Interested In

• Soccer-World Cup reflects growing US appetite for soccer, 'Ted Lasso' creators say
• Typhoon Bavi makes landfall in eastern China's Taizhou after nearly 2 million evacuated
• Iran's supreme leader pledges revenge for slain father and predecessor