Deutsche Bank to Conduct IPO of Asset Management Business

[kreslik.news]

Deutsche Bank has announced its plan to issue an IPO listing of its DWS Asset Management arm on the London Stock Exchange.

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While the exact dates of the sale have yet to be solidified, the bank said that it will list the shares at “the earliest available window.” Current indications show that this will likely take place during the week of March 19.

In addition to the exact date of sale, the total amount up for sale has not been finalized either. However, the expectation is that the bank will ... (read more)