Commerzbank says UniCredit's offer is too low, further intensifying the 19-month acquisition tug-of-war
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```htmlOn Monday, Commerzbank CEO Bettina Orlopp stated in a declaration that UniCredit "did not offer enough premium to our shareholders." Commerzbank indicated that if UniCredit raises its offer and proposes a strategy for the merged entity based on its commercial model advantages, the company is willing to enter negotiations. The bank noted that UniCredit's current proposal for the merged entity would have a significant impact on its business operations.```
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