The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1000 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 2-3 billion euros, two financial sources familiar with the sale process said on Friday.** State-owned power firm Vattenfall said on Friday it would sell its electricity distribution and district heating businesses in Finland to a consortium of investors, in a deal worth 1.5 billion euros ($2 billion).
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 remained unchanged at $35.73. 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 1600.
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