ABU DHABI/WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
Read More »Deutsche Bank pulls out of Wirecard bank sale over price
Bloomberg Deutsche Bank AG has dropped its pursuit of Wirecard AG’s banking unit and related assets after balking at the price sought by the payments company’s insolvency administrator. Wirecard’s insolvency administrator, Michael Jaffe, had been seeking at least $119 million to proceed with a sale of the assets rather than a liquidation. Deutsche Bank had submitted a bid for some ...
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