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05 Mar 2019, Gergana Bencheva, EMIS Editor

QIA interested in buying at least 5% stake in Deutsche Bank

Sovereign wealth fund Qatar Investment Authority (QIA) is interested in the purchase of at least a 5% stake in Deutsche Bank, CEEMarketWatch reported referring to information revealed by German weekly Der Spiegel. The Qatari royal family already holds a 6.1% stake in the Frankfurt-based banking group.

QIA has two possible options to complete the move. The first one is to acquire the stake on the open market. The second one is to make the purchase from Chinese conglomerate HNA, which holds a 6.3% interest in Deutsche Bank, CEEMarketWatch noted.

Sign in and read the full article in emis.com, and find out more about EMIS. Original source: CEEMarketWatch