Deutsche Bank and Commerzbank AG have ended merger talks, dashing the German government’s hopes for creating a domestic banking giant. The CEO and chairmen of both banks met to finalize the decision on Thursday, the Wall Street Journal reported. Deutsche Bank had been considering backing out due to the costs and complexities of combining the two companies — as well as the challenges of selling shareholders on the deal. Deutsche Bank said, a merger “would […]
source https://therealdeal.com/2019/04/25/merger-talks-between-deutsche-bank-and-rival-commerzbank-have-fallen-apart/
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