Chinese Conglomerate Takes Stake in Deutsche Bank - News Summed Up

Chinese Conglomerate Takes Stake in Deutsche Bank


Chinese conglomerate HNA Group holds a 3.04% stake in Deutsche Bank AG through a European asset manager, according to securities filings. HNA Group holds the stake through C-Quadrat Asset Management (UK) LLP, the U.K. subsidiary of C-Quadrat Investment AG, founded by Austrian investor Alexander Schütz. A Frankfurt-based spokesman for the investors said Friday that HNA purchased the shares through a special-purpose vehicle...


Source: Wall Street Journal February 17, 2017 14:06 UTC



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