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Europe Daily Bulletin No. 9071

19 November 2005
Contents Publication in full By article 35 / 43
ECONOMIC INTERPENETRATION / (eu) banking

Germany's third biggest bank COMMERZBANK (EUR 458.1 bn of assets and net profits of EUR 832 mil in first three quarters of 2005) has reached an advanced stage in its talks with DEUTSCHE BANK and DRESDNER BANK (part of the ALLIANZ group) to buy up their stakes in building society EUROHYPO (EUR 241.17 bn in assets and new profit of ERU 337 mil in first three quarters of 2005), in which it has a 31.84% stake. COMMERZBANK is rumoured to be offering EUR 19.6 a share. The deal would give it a 98%...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION