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Chancellor Olaf Scholz expressed sharp criticism on Monday of Italy’s UniCredit bank for the way it is accumulating shares in Germany’s Commerzbank in apparent preparation for a hostile takeover. “Unfriendly attacks and hostile takeovers are not something that are a good thing for banks,” Scholz said in New York. The German government had taken a clear position and made extremely clear “that we do not see this as appropriate behaviour in Europe and in Germany, that attempts are made to take a share in a company through unfriendly methods, without cooperation, without consultation and without f…

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