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Today, September 4, 2024, the Youtube channel Bloomberg Television has published a new content with the title Commerzbank: German Government to Cut Stake in Lender Following Shares Rally. If you want to watch this video in streaming, you have come to the right place!
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For your information, you can find below the description of the video Commerzbank: German Government to Cut Stake in Lender Following Shares Rally published by the Youtube channel Bloomberg Television:
The German government plans to cut its stake in Commerzbank as it seizes on a recent share rally to initiate an exit from the lender it rescued over a decade ago. The country’s finance agency, which manages the stake of about 16.5%, announced the move after market close on Tuesday. It didn’t disclose how much it would sell or when. The government stake is worth roughly €2.5 billion. Steven Arons reports.
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