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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
One way to make friends involves smiling warmly. Another is to cut off their other avenues for connection. That seems the logic underlying UniCredit’s pursuit of Germany’s Commerzbank.
The Italian lender, led by M&A banker turned bank boss Andrea Orcel, has said it would not launch a hostile offer for Commerzbank. But by increasing its holding to about 21 per cent…
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