Investment Banking

Private equity firm Cerberus takes stake in Deutsche Bank

Private equity firm Cerberus takes stake in Deutsche Bank

The US private equity firm Cerberus Capital Management has taken a 3% stake in Deutsche Bank, according to a regulatory filing by the lender.

The new investment makes Cerberus the fourth-largest shareholder in the ailing German lender after HNA Group, the Qatari royal family, and BlackRock.

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