Deutsche Post says it will remain majority shareholder in Postbank
Deutsche Post AG plans to remain a majority shareholder in Deutsche Postbank AG for the forseeable future, a Deutsche Post spokesman said.
‘We intend to remain a majority shareholder in the forseeable future. (Chief executive) Mr (Klaus) Zumwinkel had said that in an interview over the weekend and I would like to reiterate that,’ the spokesman said.
The spokesman said he would not comment on German media ‘speculation’ that a number of banks were interested in buying Deutsche Post’s 50.1 pct stake in Postbank.
Die Welt newspaper, citing Deutsche Post sources, said that Unicredito Italiano SpA and Royal Bank of Scotland have both expressed an interest in the acquisition of Deutsche Post shareholdings in Postbank.
It said that Deutsche Post is not ready to sell its 50.1 pct interest in Germany’s largest retail bank but suggested it might do in the future.
Last week, German media suggested that Deutsche Bank AG was keen to buy Postbank.
