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Deutsche Bank Reaches Settlement Over Postbank Takeover
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Deutsche Bank Reaches Settlement Over Postbank Takeover
Sep 6, 2024 12:57 PM

08:14 AM EDT, 09/05/2024 (MT Newswires) -- Deutsche Bank ( DB ) said Thursday it reached a settlement with Effecten-Spiegel in its takeover of Postbank.

The settlement includes an additional payment of 36.50 euros ($40.49) per share on the takeover offer price.

Deutsche Bank ( DB ) has also agreed to refund Effecten-Spiegel's litigation costs.

Shares of the bank were up 3.9% in Thursday's premarket activity.

Price: 16.60, Change: +0.63, Percent Change: +3.94

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