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Deutsche Bank shares slide on report of capital raising for merger with Commerzbank

March 28, 2019

Via: CNBC
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Shares of Deutsche Bank and Commerzbank slipped after a report in the Financial Times stated that the former is in talks to raise as much as 10 billion euros ($11.2 billion) in fresh equity to support their potential merger.

The report published Thursday, citing people familiar with the talks, said executives from Deutsche Bank have been looking at a plan to raise equity of between 3 billion euros and 10 billion euros.

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