Deutsche Bank to Next Week Launch IPO for DWS Division -Reuters
February 20 2018 - 8:25AM
Dow Jones News
--Deutsche Bank (DBK.XE) will launch DWS's initial public
offering Monday, with a likely listing on the Frankfurt stock
exchange during the week of March 19, Reuters reports, citing
unnamed sources.
--The German bank won't sell any new shares of DWS, but it will
offer 25% of the asset management division's existing shares for
between 1.5 billion euros and 2 billion euros ($1.85 billion and
$2.47 billion), the sources said, according to Reuters.
Full story: http://reut.rs/2oo2hHJ
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(END) Dow Jones Newswires
February 20, 2018 08:10 ET (13:10 GMT)
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