Berlin remains opposed to UniCredit's interest in Commerzbank, says finance ministry spokesperson

A German finance ministry spokesperson said on Wednesday that the government remains opposed to a possible takeover bid by UniCredit UCG for Commerzbank CBK, after the Italian bank took a bigger stake in its German competitor.

"The federal government supports Commerzbank's strategy of independence. The federal government has already made this very clear to UniCredit," said the spokesperson at a regular government news conference.