HALISTER: Qatar Said to Seek Approval to Lift Deutsche Bank Stake Over 10%

Qatar Said to Seek Approval to Lift Deutsche Bank Stake Over 10%

(Bloomberg) -- Qatari royal family asked German regulator BaFin approval several months ago, according to people familiar with the matter.
  • Approval for request is pending, people say
  • Qataris have made no final decision on whether they will increase their stake and by how much, the people said
  • Spokespeople for Bafin, Deutsche Bank decline to comment; the Qatari family office couldn’t be immediately reached for
comment. NOTE: October 2016: Qataris said to weigh lifting Deutsche Bank stake up to 25%

Alert: HALISTER
Source: BFW (Bloomberg First Word)

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