Innogy has no plans to take stake in Deutsche Bank - CEO

Innogy has no plans to take stake in Deutsche Bank - CEO
 

Neither Innogy nor parent RWE are likely to take a stake in Germany's largest lender Deutsche Bank, Innogy's Chief Executive told Reuters on Friday.
"We have just raised billions with the promise to invest in networks and renewables. I don't think this included a promise for a Deutsche Bank investment," Peter Terium said in Frankfurt following the initial public offering offer of Innogy, Germany's largest listing in 16 years.
German business paper Handelsblatt reported earlier that German blue-chip corporations were ready to offer a capital injection to Deutsche Bank, which has... read more

 
7 October 2016 in Business, Views: 41
Source: Reuters
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