Two top shareholders skeptical of Deutsche-Commerzbank merger: sources

FRANKFURT - Two top shareholders in Deutsche Bank are skeptical about a merger with its rival Commerzbank, doubting that such a combination would guarantee higher returns, people familiar with the matter said.

Those in favor of a merger say a tie-up would create a bank with an equity market value of more than 24 billion euros , based on Friday’s closing share prices, and a 20 percent share of the German retail banking market.A merger would cost time and money, and it would in no way guarantee better returns, a person close to a top-10 Deutsche Bank shareholder said on Monday.

The views of the two major investors contrast with those of U.S. investor Cerberus Capital Management, a major shareholder in both banks. A person familiar with the matter said last month that Cerberus was open to a merger, increasing the chances of a tie-up. Berlin based BGA, the Federation of German wholesale, foreign trade and services, which represents large and mid-sized export businesses said a merger could make sense if it resulted in one German player surviving in the longer run.

Job losses again.

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Deutsche Bank Executives Agree to Informal Merger Talks With CommerzbankDeutsche Bank’s top executives have agreed to hold discussions with rival Commerzbank about a potential merger, as Germany’s two biggest banks suffer prolonged performance and share-price declines. wow Yeah, let's start a merger before the EU and US government start criminal probes into your business dealings with Trump and Russia No
منبع: WSJ - 🏆 98. / 63 ادامه مطلب »

Deutsche Bank and Commerzbank shares rally on merger talkShares of Deutsche Bank and Commerzbank surged Monday after reports that the two have agreed to hold merger talks. na bravo! was kann schiefgehen... two ailing companies rallying because of a merger talk? even if they did, it would just create a larger company that would collapse anyways
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »

Deutsche Bank agrees to informal merger talks with CommerzbankDeutsche Bank AG’s top executives have agreed to hold discussions with rival Commerzbank AG about a potential merger, as Germany’s two biggest banks explore strategic options after suffering prolonged performance and share-price declines, people close to the banks said.
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »