Chinese Banks Considering Bid for Germany's DVB Bank -Reuters
09 Februar 2018 - 12:26PM
Dow Jones News
--Bank of China and Industrial & Commercial Bank of China
are among the companies mulling a potential purchase of DZ Bank
subsidiary DVB Bank SE, Reuters reports, citing unnamed
sources.
--DZ Bank is moving ahead with plans to sell German
transport-finance lender DVB, according to Reuters, and one unnamed
source said the Chinese banks are expected to present their initial
proposals this month.
--Carlyle Group and Apollo Global Management are also interested
in DVB, Reuters reports.
Full story: http://reut.rs/2EebOre
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(END) Dow Jones Newswires
February 09, 2018 06:11 ET (11:11 GMT)
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