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The Nexus
BUSINESSJul 9 · 09:11 UTCFRANCE 24Charles PELLEGRIN

UniCredit closes in on Commerzbank takeover

Unicredit, Italy's second biggest bank, is nearing a takeover of Germany's Commerzbank after securing 47.6% of its shares, though the move faces opposition from Germany's federal government, which holds a 12% stake. New 'freedom fuel' filling stations offering cheaper petrol are emerging in the United States with backing from the White House.

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