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Aug 23, 2024 · Deutsche Bank subsequently decided to sell Postbank, aborting a large-scale project to merge its IT systems. The sale was canceled when it failed to find a buyer, forcing it to initiate the next revamp.
- Steven Arons
Sep 5, 2024 · Deutsche Bank has reached a settlement in its longest-running litigation over its 2008 takeover of Postbank, it said on Thursday.
Aug 21, 2024 · The bank has reached agreements with more than 80 plaintiffs representing almost 60 per cent of the total claims in this litigation, settling on the basis of 31 euros per share as proposed by the bank.
Sep 5, 2024 · In the litigation concerning the takeover of Postbank, Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) reached a settlement with the long-standing plaintiff Effecten-Spiegel AG. The proceeding initiated by Effecten-Spiegel AG is one of two actions before the Higher Regional Court of Cologne in connection with the takeover of Postbank.
Aug 22, 2024 · FRANKFURT (Reuters) -Deutsche Bank has more work to do to overcome its Postbank troubles even after announcing settlements with more than half the plaintiffs who had accused it of underpaying...
Aug 21, 2024 · Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) has made significant progress in its conversations with plaintiffs in the litigation concerning the takeover of Postbank and the offer price paid to former Postbank shareholders.
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Sep 13, 2024 · In his new article, Dr. Malte Stübinger, General Counsel Germany, covers Deutsche Bank’s settlement with 80 shareholder plaintiffs over the disputed Postbank takeover price. The bank agreed to pay an additional EUR 31 per share, marking a significant development in its ongoing litigation strategy.
