(In the first paragraph, the second sentence was the name of the newspaper
corrected: Frankfurter.)
FRANKFURT (dpa-AFX) – The Commerzbank could one
According to the press report, the actually planned sale of their
Blow off Polish subsidiary M-Bank. For the institute there are
only a serious bidder, reported the “Frankfurter Allgemeine
Newspaper “(Tuesday edition) citing information
Financial circles. Until the end of a first period at the end of January
the state’s second largest bank, Pekao, Poland
issued.
In addition, the US financial investors also have Blackstone
and Apollo submitted an offer. But both are
according to experts in the confidential sales process
no longer in the race. Whether their offers to Commerzbank too
were low or whether the financial investors on their own
Pulling the rip cord is unclear.
According to the report, Apollo did not want to do this on request
express. Blackstone did not respond to a request. The
Commerzbank is in its opinion last Wednesday
remained that the sales process was ongoing, they specialize
Bidders but not external. And with the following sentence: “But it is clear
that Commerzbank is just as valuable an asset as M-Bank
will sell at an adequate price. “
Exactly this could be difficult with only one bidder, it said
in the report further. According to information from financial circles
frightened the high franc loans of the M-Bank and their dangerous ones
Legal position of investors from./he/ag
ISIN DE000CBK1001 US09253U1088
AXC0309 2020-02-10 / 21:24
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