The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1430 GMT on Friday.** Deutsche Bank AG has launched the sale of a large chunk of its global asset management business, with a price tag seen between 2 billion euros ($2.6 billion) and 3 billion euros ($3.9 billion), two financial sources familiar with the sale process said on Friday.
Deutsche Bank AG is a global investment bank. The Company offers a variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world. Shares of DB traded higher by 0.84% or $0.3/share to $36.03. In the past year, the shares have traded as low as $28.57 and as high as $66.00. On average, 4120300 shares of DB exchange hands on a given day and today's volume is recorded at 154288.
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