POTENTIAL DEAL DETAILS
March 17, 2019: Deutsche Bank AG (DB), Europe’s once-dominant financial institution, threw in the towel on years of failed turnaround efforts and agreed to begin government-backed merger talks with Commerzbank AG (CRZBY).
March 17, 2019: Deutsche Bank (DB) and Commerzbank (CRZBY) confirmed on Sunday they were in talks about a merger, prompting labor union concerns about possible job losses and questions from analysts about the merits of a combination.
March 19, 2019: Deutsche Bank AG (DB) and Commerzbank AG (CRZBY) are now getting down to the finer details of just how a takeover could actually work. With talks expected to last at least four weeks, there’s a mountain of thorny detail to work through.
April 03, 2019: Commerzbank’s executive board is due to decide on April 9 whether to intensify merger talks with Deutsche Bank (DB) or back away from a deal, German business weekly Wirtschaftswoche said on Wednesday.
April 18, 2019: Deutsche Bank AG (DB) is working on an alternative strategy to present to investors should takeover talks with rival Commerzbank AG collapse, according to people familiar with the matter.
April 25, 2019: Deutsche Bank (DB) and Commerzbank on Thursday abandoned their merger talks, bowing to shareholder pressure and employee resistance in a move that may open the door for foreign rivals to acquire the smaller Frankfurt-based rivals.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.