Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Commerzbank merger talk back as Germany ponders sales - report

(Sharecast News) - Commerzbank was in focus on Monday on speculation a potential merger with Deutsche Bank could be on the table as the German government looks to offload its 15% holding. An attempt to merge fell through five years ago, but now the Berlin is reportedly looking for ways to raise cash.

Finance Minister Christian Lindner is open to a disposal and ultimately would prefer the government exiting the stake, Reuters cited an unnamed source as saying.

A merger with Commerzbank would allow Deutsche Bank to diversify from volatile investment banking earnings, bolstering the lender's longer-term stability, another factor that could sway the German government, said the source, speaking on condition of anonymity.

Deutsche Bank, which has completed the majority of a multi-year restructuring plan, recently stepped up internal discussions on deals, including possible purchases of banks such as Commerzbank and ABN Amro, Bloomberg reported on Friday, without naming sources.

Deutsche Bank declined to comment.

Share this article

Related Sharecast Articles

Agronomics investee Solar Foods raises EUR 8m
(Sharecast News) - Cellular agriculture investor Agronomics announced on Friday that its portfolio company Solar Foods had raised an additional €8m through Finnish investment organiser Springvest.
Berenberg hikes target price on Greggs
(Sharecast News) - Analysts at Berenberg raised their target price on bakery chain Greggs from 3,550.0p to 3,990.0p on Friday as it noted that customer appeal had broadened as its market share was expanding.
Thousands of UK firms fighting for survival - Begbies Traynor
(Sharecast News) - More than half a million UK business are fighting for survival, according to an industry research published on Friday, weighed down by the weak economy.
Thruvision FY24 adjusted underlying losses widen
(Sharecast News) - Security technology business Thruvision said on Friday that adjusted underlying losses had widened in FY24 as revenues fell.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.