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Commerzbank considers asset sales

Posted 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, Commerz­bank 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.

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