Qatar, Others Unlikely to Take Up to 25% in Deutsche Bank: FAZ
(Bloomberg) -- While Qatari shareholders ready to take part in capital increase, a stake of as high as 25% is “pure fantasy,” Frankfurter Allgemeine Zeitung reports, citing an unidentified person familiar with the matter.
- Person says hasn’t heard about Chinese investor; says Qatari shareholders not unhappy with John Cryan’s mgt
- NOTE: Manager Magazin reported earlier Thursday that bank’s Qatari shareholders have informal agreement with sovereign wealth funds in Qatar and Abu Dhabi, as well as unidentified Chinese investor, to participate in capital increase by the lender should it need to raise funds
- NOTE: Deutsche Bank Rises Up to 4.2% After Report on Chinese Interest
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HALISTERSource: BFW (Bloomberg First Word)
Tickers DBK GR (Deutsche Bank AG)
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