Wealth and Asset Management
Deutsche Bank prices shares of DWS, unit valued at €6.5bn
Deutsche Bank said Thursday it expects to receive about €1.4bn ($1.7bn) from selling a minority stake in its asset-management business, DWS Group, after pricing shares toward the lower end of a range announced earlier this month. The lender placed 44.5 million shares at €32.50 a share, valuing the business at…
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