German insurance giant Allianz has confirmed reports that it is selling its Dresdner Bank division to its rival Commerzbank for 9.8 billion euros.
The fusion will bolster Commerzbank's position as number two in the German market behind Deutsche Bank. Allianz will be the major stakeholder in the tie-up, holding 30 percent of the new company. When the deal is Afghan civilians killed in incident with German soldiers ...
DW boss voices concern about press freedoms ...
Global Media Forum in Bonn wraps up second day ...
Global Media Forum continues ... completed, up to 9,000 jobs of a total 67,000 are expected to be slashed.
(Deutsche Welle)
more info >>
<< Back