Commerzbank Deputy CEO: “You can’t call that a failure”

Michael Kotzbauer, deputy chairman of the board at Commerzbank, is calling for a rational debate about the planned takeover by UniCredit. He expressed confidence that UniCredit CEO Andrea Orcel is open to frank discussions. “I am confident, because anything else would destroy value. And nobody wants that,” Kotzbauer told the Frankfurter Allgemeine Sonntagszeitung (FAS)…