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The German government plans to cut its stake in Commerzbank as it seizes on a recent share rally to initiate an exit from the lender it rescued over a decade ago. The country’s finance agency, which manages the stake of about 16.5%, announced the move after market close on Tuesday. It didn’t disclose how much it would sell or when. The government stake is worth roughly €2.5 billion. Steven Arons reports. Sign up for the 5 Things to Start Your Day newsletter to get up to speed with the most important European business & markets news each morning. https://bloom.bg/4e0sUKA
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