UK Regulatory | 9 October 2009 15:49
Commerzbank AG / Disposal/Mergers & Acquisitions
09.10.2009
Dissemination of a UK Regulatory Announcement, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Commerzbank sells Dresdner Van Moer Courtens and
the Belgian branch of Commerzbank International S.A. Luxembourg
Commerzbank is selling Dresdner Van Moer Courtens and the Belgian branch of
its subsidiary Commerzbank International S.A. Luxembourg (CISAL), which
focuses on private banking, to members of the management. The transaction
is still subject to the usual approvals from the authorities. The parties
have agreed to maintain confidentiality about the details.
Dresdner Van Moer Courtens was founded in 2008 as a subsidiary of Dresdner
Bank Luxembourg S.A. through the merger of asset managers Damien Courtens
and Van Moer Santerre. It concentrates on wealthy private clients and
securities trading. The Belgian branch of Commerzbank International S.A.
Luxembourg also operates in this area and was opened in 2006. At the end of
2008 both institutions together managed assets in the volume of EUR 615
million and employed 48 staff.
The Brussels branch of Commerzbank AG Frankfurt, which specializes in the
corporate customer segment, will continue to be run by Commerzbank.
Press contact:
Reiner Roßmann: +49 69 136 46646
Simone Fuchs: +49 69 136 44910
Contact:
Commerzbank AG
Group Communications
Tel.: +49 69 136 - 22830
mediarelations@commerzbank.com
09.10.2009 Financial News transmitted by DGAP
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Language: English
Company: 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: 297
Time of Receipt: Oct 09, 2009 15:44:03
End of News DGAP News-Service
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