Sources Say Commerzbank Wants Merger Talks Sooner Than Deutsche Bank -Reuters
April 03 2019 - 1:53PM
Dow Jones News
--Germany's Commerzbank AG (CRZBY) would like to move deeper
into discussion on a merger deal sooner than potential tie-up
partner Deutsche Bank AG (DB), Reuters reports Wednesday, citing
"two people with knowledge of the matter."
--Commerzbank is seeking a quick decision on whether the two
companies will move forward with their discussions, but Deutsche
Bank is seeking more time, the report said.
--The two banks confirmed on March 17 that they were formally
discussing a merger.
Full story:
https://www.reuters.com/article/us-commerzbank-m-a-deutsche-bank-merger/deutsche-bank-and-commerzbank-divided-over-pace-of-merger-talks-sources-idUSKCN1RF25X?il=0
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
April 03, 2019 13:38 ET (17:38 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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