Commerzbank AG / Miscellaneous
27.07.2009
Release of a UK Regulatory Announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Commerzbank disposes of Dresdner Bank (Switzerland)
Commerzbank has sold Dresdner Bank (Switzerland) to the Liechtenstein based
LGT Group. The transaction is subject to the approval of the relevant
authorities. It was agreed not to dislose neither purchase price nor
further details.
In January 2009, in the course of the take-over of Dresdner Bank,
Commerzbank also acquired a hundred percent stake in Zuerich based Dresdner
Bank (Switzerland). As of December 31, 2008 Dresdner Bank (Switzerland) had
311 employees, the assets under management totalled 9.4 bn CHF.
Contact:
Commerzbank AG
Group Communications
Tel.: +49 69 136 - 22830
mediarelations@commerzbank.com
DGAP 27.07.2009
---------------------------------------------------------------------------
Language: English
Issuer: Commerzbank AG
Kaiserplatz
60261 Frankfurt am Main
Deutschland
Phone: +49 (069) 136 20
Fax: -
E-mail: ir@commerzbank.com
Internet: www.commerzbank.de
ISIN: DE0008032004
Indices: DAX, CDAX, HDAX, PRIMEALL
Listed: Regulierter Markt in Berlin, Frankfurt (Prime
Standard), München, Hannover, Düsseldorf, Hamburg,
Stuttgart; Terminbörse EUREX; Foreign Exchange(s)
London, SWX
Category Code: MSC
LSE Ticker: CZB
Sequence Number: 220
Time of Receipt: Jul 27, 2009 07:21:48
End of News DGAP News-Service
---------------------------------------------------------------------------
DGAP-UK-Regulatory: Commerzbank disposes of Dresdner Bank (Switzerland)
| Source: EQS Group AG