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Cerberus, which currently holds 1.99% of Germany’s largest lender, wants to sell around 15 million shares.
Cerberus sold a stake of around 1% https://www.reuters.com/article/cerberus-capital-deutsche-bank-commerzba-idCAKBN2JL0NY in the bank earlier this year, and sources told Reuters that further sales were expected.
The announcement of the share sale was made by Morgan Stanley (NYSE:MS) as bookrunner.
