Deutsche Bank looks at cable business

Article Abstract:

Deutsche Bank AG has expressed interest in either a partial or full acquisition of Deutsche Telekom AG's cable television operations. Several companies have discussed possible acquisitions with Deutsche Telekom in recent months as the company publicly stated that it wanted to sell its cable TV operations. However, there is no assurance that an agreement between Deutsche Bank and Deutsche Telecom will be reached. Analysts believe that the company's cable TV business could raise more than $10 billion marks ($5.9 billion).

Comment:

Deutsche Bank expresses interest in either a partial or full acquisition of Deutsche Telekom's cable television operations

Cable television broadcasting industry, Abstract, Deutsche Telekom AG

---

Deutsche Bank says it will step back on securities deals

Article Abstract:

Deutsche Bank AG announced it will focus less on making acquisitions, at least in investment banking, and more on asset management. Deutsche Bank's investment-banking unit, the Global Corporates and Institutions division, is one of biggest revenue-producers in worldwide securities markets.

---

Deutsche Bank looks to cut 15,000 positions

Article Abstract:

Deutsche Bank AG is considering downsizing its labor force by 15,000 jobs in order to reduce costs. The planned layoffs amount to 15% of the bank's total workforce.

Labor force information, Financial management, Layoffs

Similar abstracts:

• Abstracts: Deutsche Bank is in talks to sell cable-TV group. Deutsche Bank moves into U.S. online market. Deutsche Bank bids $1 billion to buy U.S. online broker
• Abstracts: Deutsche Bank takes Unicredito stake. Deutsche Bank poised to win Bankers Trust
• Abstracts: Raiffeisen confirms stake in BIG Bank. Societe Generale negotiates to buy Deutsche Bank units
• Abstracts: Technology merger is believed to be biggest on record. Corning plans to buy NetOptix
• Abstracts: Band-X opens exchange. Asia Online cuts jobs. Clearer live Web TV in Asia

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.