Deutsche Bank in Talks With Tata Consultancy Services to Sell Tech-Services Business -Bloomberg
October 22 2020 - 4:23AM
Dow Jones News
-- Tata Consultancy Services is in advanced talks to buy
Deutsche Bank's technology-services unit Postbank Systems AG,
Bloomberg reports, citing unnamed sources.
--The sale of the business, which employs 1,400 people, would
help the bank achieve its job-cuts target.
-- The discussions could see the Indian software company acquire
the business by the end of the year, Bloomberg reports, adding that
negotiations could yet fail.
--The companies didn't immediately reply to requests for
comments.
Full story: https://bloom.bg/3jsOcmR
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
October 22, 2020 04:08 ET (08:08 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Deutsche Bank (TG:DBK)
Historical Stock Chart
From Aug 2024 to Sep 2024
Deutsche Bank (TG:DBK)
Historical Stock Chart
From Sep 2023 to Sep 2024