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Germany: Deutsche Bank AG (DB) agreed to acquire a 29.75% stake, or 48.79m ordinary shares, in Bonn-based Deutsche Postbank AG (DP), from Deutsche Post AG (DT) for 57.25 [euro] (US$81.402) in cash per share, or a total value of 2.793bn [euro] (US$3.972bn).

Publication: Acquisitions Monthly
Publication Date: 01-OCT-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Germany: Deutsche Bank AG (DB) agreed to acquire a 29.75% stake, or 48.79m ordinary shares, in Bonn-based Deutsche Postbank AG (DP), from Deutsche Post AG (DT) for 57.25 [euro] (US$81.402) in cash per share, or a total value of 2.793bn [euro] (US$3.972bn).(September snapshot: Synopses of the largest global M&A deals announced last month)

Article Excerpt
GERMANY: Deutsche Bank AG (DB) agreed to acquire a 29.75% stake, or 48.79m ordinary shares, in Bonn-based Deutsche Postbank AG (DP), from Deutsche Post AG (DT) for 57.25 [euro] (US$81.402) in cash per share, or a total value of 2.793bn [euro] (US$3.972bn). DT had been rumoured to be seeking...

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