To aid the Commerzbank takeover of Dresdner Bank, German authorities will pay 10 billion for a 25 percent stake in Commerzbank, according to the Financial Times.
Commerzbank already received more than 6 billion as part of the government’s bailout of the troubled financial sector. The firm also renegotiated the terms of the buyout with Allianz, the insurance group that holds Dresdner.
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