Bloomberg News

Deutsche Bank Won’t Do Postbank Squeeze-Out, Handelsblatt Says

February 27, 2012

Deutsche Bank AG (DBK) is not planning a squeeze-out of remaining shareholders in Deutsche Postbank AG (DPB), Handelsblatt reported, citing an unidentified person familiar with the matter.

Deutsche Bank will receive additional Postbank shares from Deutsche Post AG (DPW) this week as part of a previous sales agreement, boosting the lender’s stake to more than 90 percent, the newspaper said. The bank doesn’t plan to make an offer to buy out the remaining shareholders, Handelsblatt said.

To contact the editor responsible for this story: Aaron Kirchfeld at akirchfeld@bloomberg.net


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