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DB Deutsche Bank Aktiengesellschaft

16.50
0.31 (1.91%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Deutsche Bank Aktiengesellschaft NYSE:DB NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.31 1.91% 16.50 16.49 16.295 16.35 1,846,182 00:36:35

Deutsche Bank: Cerberus Holds 3% Stake in Bank

15/11/2017 1:57pm

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Deutsche Bank Aktiengese... (NYSE:DB)
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   By Sarah Sloat 
 

Deutsche Bank AG (DBK.XE) said Wednesday that U.S. fund Cerberus has taken a 3% stake in the German lender.

"We welcome every investor who believes in the value potential of the Deutsche Bank share," the bank said.

The stake makes Cerberus one of Deutsche Bank's biggest shareholders, after HNA Group Co. and BlackRock Inc., according to the bank's website.

The fund also holds a stake in Germany's Commerzbank AG (CBK.XE) of about 5%.

 

Write to Sarah Sloat at sarah.sloat@wsj.com

 

(END) Dow Jones Newswires

November 15, 2017 08:42 ET (13:42 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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