Commerzbank is actively pursuing strategies to maintain its independence amidst ongoing takeover pressures from Unicredit [2, 4, 5]. These strategies include enhancing profitability and increasing shareholder dividends [2, 4]. The German Cartel Office has approved Unicredit's acquisition of up to 29.99% of Commerzbank's voting rights [1, 2, 6, 13].
Despite Unicredit's interest, Commerzbank's management, unions, and the German government are largely opposed to the takeover [1, 5]. Unicredit may postpone further consideration of a Commerzbank acquisition until 2027, as they focus on other strategic moves, including acquiring Banco BPM [1, 5].
DekaBank's Investment Opportunity
DekaBank is offering a Commerzbank Aktienanleihe 11/2025, presenting an investment opportunity with a potential return of 14.5% [2]. The offering period is from May 5, 2025, to May 26, 2025 [2]. The DekaBank bond (WKN DK1FQT) offers a 14.5% annual payout if Commerzbank's share price remains above 90% of its starting value on November 22, 2025 [2]. However, investors should be aware of potential losses if the share price falls below this threshold and the issuer's risk, which could lead to a total loss [2].