Investor Alert

March 28, 2008, 3:31 a.m. EDT

Three-way tie-up between Dresdner, Commerzbank, Postbank reportedly eyed

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Commerzbank AG ADR (CRZBY)

or Cancel Already have a watchlist? Log In

By MarketWatch

German financial giant Allianz SE is considering a plan that would merge its Dresdner Bank with rival Commerzbank AG /zigman2/quotes/202066109/composite CRZBY -2.59% , and then the combined operation would take a stake in Deutsche Postbank (DPB.XE), according to Frankfurter Allgemeine Zeitung on Friday.

Other possible scenarios, the newspaper said, are that Allianz would involve an outright sale of Dresdner or an initial public offering of stock in Dresdner.

Newspaper Web site: http://www.faz.de

-Contact: 201-938-5400

US : U.S.: OTC
$ 5.26
-0.14 -2.59%
Volume: 25,461
Sept. 18, 2020 3:52p
P/E Ratio
Dividend Yield
Market Cap
$6.66 billion
Rev. per Employee

This Story has 0 Comments
Be the first to comment
More News In

Story Conversation

Commenting FAQs »

Partner Center

World News from MarketWatch

Link to MarketWatch's Slice.