FRANKFURT (AFX) - Deutsche Bank AG is selling its remaining 4.8 pct stake in Suedzucker AG, equivalent to around 8.4 mln shares, to institutional investors, a spokesman for the bank said.
Based on the current market price, the stake is worth about 130 mln eur.
Deutsche Bank cut its Suedzucker stake to 4.8 pct from 10.9 pct in late 2002.
maria.sheahan@afxnews.com
ms/jms
For more information and to contact AFX: www.afxnews.com and www.afxpress.com
Based on the current market price, the stake is worth about 130 mln eur.
Deutsche Bank cut its Suedzucker stake to 4.8 pct from 10.9 pct in late 2002.
maria.sheahan@afxnews.com
ms/jms
For more information and to contact AFX: www.afxnews.com and www.afxpress.com