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NOT A SUBSCRIBER?Commerzbank considers asset salesPosted on March 11, 2009 7:25 PM
Having completed its acquisition of rival Dresdner Bank with the support of state aid, Germany's No. 2 listed bank, CommerzÂbank AG, is reviewing the sale of some businesses to concentrate on its domestic corporate and retail clients.
"The old Commerzbank said it was reviewing its business to focus on core activities, and that hasn't changed with the acquisition of Dresdner Bank. It's a completely normal activity following any acquisition," Commerzbank spokesman Stefan Roberg said. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline.
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