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Deutsche Bank accelerates its asset management IPO

The IPO is expected to consist exclusively of the sale of existing shares and the German media speak of a stake of around 25% which could lead to a collection of around 2 billion euros.

Deutsche Bank accelerates its asset management IPO

Deutsche Bank wants to complete the IPO of its asset management division, Dws, as soon as possible. The public offer will be launched on the regulated market of the Frankfurt stock exchange (Prime Standard) "in the first available window, market conditions permitting", explains the first German bank.

The IPO is expected to consist exclusively of the sale of existing shares and the German media speak of a stake of around 25% which could lead to a collection of around 2 billion euros. The listing could already take place towards the end of March and rumors suggest the week of March 19th.

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