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Deutsche Post World Net Charles-de-Gaulle-Straße 20 53113 Bonn, Germany http://www.dpwn.de
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Deutsche Post World Net

Deutsche Post, Deutsche Bank complete transaction on sale of Postbank shares

(PresseBox) (Bonn, )
Deutsche Post World Net and Deutsche Bank AG today completed the transaction regarding the sale of shares in Deutsche Postbank AG as agreed on Jan.14, 2009 as planned. In accordance with the agreement, the volume of the initial two tranches totals 3.8 billion euros. However, due to certain hedging arrangements that have been put into place, Deutsche Post already received a further 1.1 billion euros in cash with today's closing, in addition to the 3.1 billion euros that have been received in January. The cash value of the transaction remains unchanged at 4.9 billion euros.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.