Commerzbank Commercial logic

Hedge funds take a stake in a lowly-rated German company which is on the acquisition trail. Sounds familiar? This time the target is Commerzbank. Should it prepare itself for a hedge fund-led onslaught like the one that forced Deutsche Boerse to ditch its chief executive earlier this year? It is easy to draw parallels between Commerzbank and Deutsche Boerse. The bank has been quite open about its desire to make acquisitions. Its shares trade at a discount to European peers. What’s more, it has ...