The following corporate finance-related stories were reported by media on Tuesday: * KKR & Co is considering a bid for Rio Tinto's majority stake in an Australian copper-gold mine in a sign that private-equity firms are hunting for bargains among assets no longer wanted by major resources companies, the Wall Street Journal reported, citing people familiar with the matter. ()* Deutsche Bank AG is raising 2.8 billion euros ($3.67 billion) by issuing 90 million shares to soothe shareholder concerns over its balance sheet after months of resisting calls to tap shareholders for fresh capital, the Financial Times reported. ()
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 3.74% or $1.58/share to $43.85. In the past year, the shares have traded as low as $27.03 and as high as $53.12. On average, 1964800 shares of DB exchange hands on a given day and today's volume is recorded at 11500239.
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