Postbank

Deutsche Bank Loses Court Battle Over Alleged Underpayment in Postbank Acquisition

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Cologne, Germany – A significant legal battle reached a conclusion Wednesday as the higher regional court in Cologne ruled against Deutsche Bank in its long-standing conflict with shareholders concerning the acquisition of the German retail bank, Postbank. The controversy centered on claims from shareholders who argued that Deutsche Bank paid less than the fair value for Postbank during the consolidation of the two institutions in 2018. The dispute traces back to disagreements over the valuation methods used to determine Postbank’s price, which shareholders contested was deliberately undervalued. Deutsche Bank, a powerhouse in the financial sector, … Read more

Deutsche Bank Faces Criticism for ‘Low Ball’ Settlement Offer in Long-Running Postbank Acquisition Dispute

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Frankfurt, Germany — A legal battle that has spanned over a decade involving Deutsche Bank and its acquisition of the German retail giant Postbank is reaching another crucial juncture. The contention centers around allegations that Deutsche Bank significantly underpaid during its phased takeover of Postbank starting in the late 2000s. The dispute has persisted since 2010, attracting numerous lawsuits from both institutional and private investors. On Thursday, a settlement proposal of 36.50 euros ($40.12) per Postbank share was made by Deutsche Bank, according to Jan Bayer, a senior partner at the law firm Bayer Krauss … Read more