Postbank Auction
Published September 2nd, 2008
Deutsche Post are considering the future of its banking subsidiary Postbank, a press report said Tuesday as sector consolidation shifted up a gear.
Deutsche Post’s supervisory board is to meet on September 12, the business daily Handelsblatt reported.
Deutsche Post owns 50 percent plus one share of Postbank, but has made it known that it would like to sell the unit, which has 14.5 million clients.
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