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Commerzbank finalises agreement with SoFFin


Published :
Wed, 24 Jun 2009 09:48
By : 1888pressrelease.com
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(1888PressRelease) June 22, 2009 - SoFFin has acquired approximately 295 million shares resulting from the capital increase approved by the Annual General Meeting at EUR 6 per share and thus holds a stake of 25% plus one share in Commerzbank.



The capital increase was registered in the commercial register (Handelsregister) today. Commerzbank received a total of around EUR 1.8 billion from the increase in its share capital. In addition, the bank has now received the second SoFFin silent participation of EUR 8.2 billion.



About Commerzbank

We are a reliable partner and an effective provider of financial services to private customers. We are the best bank from the point of view of German SMEs, and as such we successfully support our customers’ business activities – here in Germany and worldwide.



With the merging of Dresdner Bank into Commerzbank in May 2009, a new leading bank is formed: the new Commerzbank is building on its strengths as a relationship bank for private and corporate customers in Germany, as a strong universal bank with many years of effective and comprehensive experience built up by two long-established institutions.



https://www.commerzbank.com

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