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.
The acquisition of the 50
The acquisition of the 50
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