05:51 AM EDT, 03/30/2026 (MT Newswires) -- (Updates with Deutsche Bank's ( DB ) response in the third paragraph.)

Deutsche Bank ( DB ) is working with SMS Group and Altor Equity Partners to help them explore a potential sale of their combined 50% stake in German industrial services firm Kaefer, Bloomberg News reported Monday, citing people familiar with the matter.

Kaefer could be valued at more than 2 billion euros ($2.3 billion) in a sale, the unnamed sources told the news outlet.

Deutsche Bank ( DB ) declined to comment, while Kaefer, SMS Group, and Altor didn't immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)