Deutsche Bank CEO says not interested in pursuing takeover of Postbank
Deutsche Bank AG’s chief executive Josef Ackermann said that the bank is not interested in pursuing a possible takeover of Deutsche Postbank AG, while speaking at the Handelsblatt-sponsored ‘Banks in Transition’ conference.
‘We are not pursuing the Postbank actively,’ Ackermann said.
Germany’s largest bank is also not interested in possible merger or takeover of rival Commerzbank AG, the CEO said.
Media reports which speculated that Deutsche Bank was interested in pursuing a takeover bid of Postbank had driven the shares in the recent past.
Deutsche Post chief executive Klaus Zumwinkel silenced some of this speculation when he recently told journalists that that company has no plans to relinquish majority control of the company’s Postbank AG unit in the mid-term.
