Market Chatter: Deutsche Bank Eyes Stake in Insurance Firm

MT Newswires Live
Yesterday

Deutsche Bank (DB) and its asset manager DWS Group are considering acquiring a significant minority stake in Fosun International's Frankfurter Leben-Gruppe, Bloomberg reported Wednesday, citing people familiar with the matter.

They could inject capital into the insurance firm to become an investor, the report said.

Deutsche Bank, DWS Group, Fosun International, and Frankfurter Leben-Gruppe didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 39.08, Change: -1.25, Percent Change: -3.10

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