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Deutsche Bank joins advisers in Berlin's planned sale of Uniper, sources say
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Deutsche Bank joins advisers in Berlin's planned sale of Uniper, sources say
Oct 10, 2024 11:50 PM

FRANKFURT, Oct 8 (Reuters) - Berlin has enlisted

Deutsche Bank to help it with its planned sale of a

20-30% stake in Uniper, further advancing the process

to sell shares in the state-owned utility, two people familiar

with the matter said.

Deutsche Bank joins UBS, Citi and Roland

Berger, which have all secured roles as part of the planned

disposal that would reverse one of the biggest bailouts in

German history, one of the people said.

Deutsche Bank declined to comment.

Germany's Finance Ministry, which oversees the government's

99.12% stake in Uniper, was not immediately available for

comment.

Uniper confirmed banks had been hired in the process,

declining to specify further.

($1 = 0.9108 euros)

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