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Qatar buys Deutsche Bank stake

: Tuesday, May 20 - 2014 @ 00:56

Qatar is set to take a stake in Deutsche Bank, as part of a planned multi-billion capital increase, Reuters has reported, citing two people familiar with the transaction. Qatar will buy new Deutsche Bank shares ahead of a rights issue targeting investors worldwide, the sources said. Germany’s flagship lender is preparing a multi-billion euro capital increase, as the country’s biggest lender aims to draw a line under investor doubts about its capital position.

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Tuesday, May 20- 2014 @ 0:56 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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