Deutsche and Commerzbank confirm merger discussions

Deutsche and Commerzbank merger

Deutsche Bank and Commerzbank hhave released a new statement today about their merger talks to inform investors.

Commerzbank’s statement;

”Commerzbank and Deutsche Bank have agreed to start discussions with an open outcome on a potential merger.”

Deutsche Bank’s statement;

”In light of arising opportunities, the management board of Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) has decided to review strategic options.

In doing so, the management board of Deutsche Bank is focused on improving the growth profile and profitability of the bank.

There is no certainty that any transaction will occur.

In this context we confirm that we are engaging in discussions with Commerzbank.”