Deutsche Bank takes Unicredito stake

Article Abstract:

Deutsche Bank AG announced that it has purchased a minority share of 0.75% in Unicredito SpA. Unicredito is the second-largest bank in Italy based on assets. Deutsche Bank said that the acquisition was carried out for financial, rather than for strategic reasons. A bank spokesman said Deutsche Bank does not have any plans to acquire a greater share of Unicredito.

Comment:

Deutsche Bank purchases a minority share of 0.75% in Unicredito SpA

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
Italy, Foreign operations, Abstract, Unicredito Italiano S.p.A.

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Deutsche Bank poised to win Bankers Trust

Article Abstract:

The proposed $10.1 billion acquisition of New York, NY-based Bankers Trust Corp. by Deutsche Bank AG has been approved without conditions by regulators at the New York State Banking Board. But the merger, which will create the world's largest bank in terms of assets, still must be approved by the US Federal Reserve.

Author: Beckett, Paul
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
United States, Bankers Trust Corp., New York. Banking Board

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Subjects list: Banking industry, Commercial banks, Germany, Mergers, acquisitions and divestments, Deutsche Bank AG
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