Commerzbank is poised to take control of German real estate lender Eurohypo, which has a market value of €9bn ($10.5bn) by buying out rival shareholders Deutsche Bank and Dresdner Bank.

Commerzbank holds a 31.8% stake in Eurohypo, which was set up in 2002 when Commerzbank, Deutsche and Dresdner combined their mortgage banking businesses. Deutsche is the largest shareholder with a 37.7% stake; Dresdner owns 28.5%.