Deutsche Bank To Sell 90 Million Shares To Raise €2.8bn – ValueWalk Premium
Deutsche Bank

Deutsche Bank To Sell 90 Million Shares To Raise €2.8bn

Deutsche Bank AG (ETR:DBK) (FRA:DBK) (NYSE:DB) has announced plans to sell 90 million units of common stock in a bid to raise €2.8 billion. The company revealed the news in a press release that can be found in its entirety at here. According to the official statement, the bank needs to raise capital in order to strengthen its equity capitalization.

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