Deutsche Bank looks at cable business
Article Abstract:
Deutsche Bank AG has expressed interest in either a partial or full acquisition of Deutsche Telekom AG's cable television operations. Several companies have discussed possible acquisitions with Deutsche Telekom in recent months as the company publicly stated that it wanted to sell its cable TV operations. However, there is no assurance that an agreement between Deutsche Bank and Deutsche Telecom will be reached. Analysts believe that the company's cable TV business could raise more than $10 billion marks ($5.9 billion).
Comment:
Deutsche Bank expresses interest in either a partial or full acquisition of Deutsche Telekom's cable television operations
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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Deutsche Bank says it will step back on securities deals
Article Abstract:
Deutsche Bank AG announced it will focus less on making acquisitions, at least in investment banking, and more on asset management. Deutsche Bank's investment-banking unit, the Global Corporates and Institutions division, is one of biggest revenue-producers in worldwide securities markets.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Deutsche Bank looks to cut 15,000 positions
Article Abstract:
Deutsche Bank AG is considering downsizing its labor force by 15,000 jobs in order to reduce costs. The planned layoffs amount to 15% of the bank's total workforce.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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