Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) has sold its entire 9.3 per cent stake totalling 29.2 million shares in Greek EFG Eurobank Ergasias. The book was well covered. The shares were placed with Greek and international institutional investors at Euro 13.20.
This transaction continues Deutsche Bank's strategy of divesting holdings in other listed companies. The existing cooperation agreement between EFG Eurobank Ergasias and Deutsche Bank remains unaffected. Deutsche Bank continues its successful business activities in the Greek financial markets.