China’s Sovereign-Wealth Fund Interested in Buying HNA’s Deutsche Bank Stake - News Summed Up

China’s Sovereign-Wealth Fund Interested in Buying HNA’s Deutsche Bank Stake


China’s sovereign-wealth fund and other large investors have expressed interest in potentially buying shares in Deutsche Bank AG from embattled Chinese conglomerate HNA Group Co., according to people familiar with the matter. HNA, which is one of Deutsche Bank’s largest shareholders, is planning to unload its entire 7.6% stake in the German bank as part of a plan to shrink its global footprint, the Journal previously reported.


Source: Wall Street Journal September 12, 2018 17:01 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */