UniCredit has announced it has raised its equity stake in Commerzbank to approximately 26%. In a statement, the bank also confirmed its remaining synthetic position will be converted into physical shares in due course, which will bring its total shareholding to roughly 29%. The Italian banking group clarified that it currently does not intend to seek representation on Commerzbank’s board of administration.
Lombardy Leads Italy in Cinema Audience and Investment, Announces Regional Official at Venice Film Festival
With nearly 15 million moviegoers in 2024, accounting for 20% of Italy’s total, and approximately