FILE PHOTO: Headquarters of Commerzbank and Deutsche Bank are photographed in Frankfurt, Germany, March 19, 2019. REUTERS/Kai Pfaffenbach/File Photo
Commerzbank would like to see a speedy decision on whether to deepen the discussions or not, while Deutsche Bank needs more time, said the people, who spoke on condition of anonymity. Upon initiating formal talks with Deutsche Bank, Commerzbank CEO Martin Zielke told bankers that management aimed for a decision on whether to go forward with a merger in the next two to three weeks, two sources with knowledge of the matter said at the time.
They need more time to cook the books I guess🤔
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الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
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Deutsche Bank shares slide 4 percent on report of capital raising for merger with CommerzbankShares of Deutsche Bank and Commerzbank slipped after a report in the Financial Times stated that the former is in talks to raise as much as 10 billion euros ($11.2 billion) in fresh equity to support their potential merger.
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Capital Question Clouds Deutsche Bank Merger TalksOne of the big questions surrounding Deutsche Bank’s possible merger with Commerzbank is how much capital it might need to raise from shareholders to finance the deal. Oh you mean the AFN, you know calculating a company's Additional Funds Needed to Finance (whatever goals the CEO puts on the Annual Report)? Oh I got you!! Send me the 10k... and 10k
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