UniCredit's bold €32.75-per-share bid for Commerzbank sparks market frenzy

A high-stakes banking showdown unfolds as Commerzbank's stock soars above UniCredit's offer. Will shareholders hold out for a sweeter deal before the June 16 deadline?

, and Administrator

2026 May 5 . 7:58 PM

1 min read

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UniCredit has launched a takeover bid for Commerzbank, offering shareholders 0.485 of its own shares for each Commerzbank share. The move comes as Commerzbank’s stock traded above the offer price on Tuesday, reflecting investor interest in the deal. The bid values each Commerzbank share at €32.75 based on midday prices. However, by Tuesday afternoon, the bank’s shares were trading at €35.20, higher than UniCredit’s proposed valuation.

Shareholders have until June 16 to accept the offer, though the deadline could be extended to July 3 if needed. Meanwhile, the broader DAX index climbed 1.1% to 24,255 points by 12:30 p.m., suggesting a positive market reaction to the news.

The takeover offer remains open for Commerzbank investors until mid-June, with a possible extension. UniCredit’s bid sets a clear price per share, but current trading levels indicate the market may expect a higher valuation.