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What's Going On With Deutsche Bank Stock Monday?
DBDeutsche Bank AG(DB) Benzinga·2024-10-14 20:26

Deutsche Bank AG Inc. DB shares are trading lower on Monday. A new Bloomberg report suggests a shareholder is preparing to sell 16 million shares, valued at approximately 279million,oftheGermanlender.Here’swhatyouneedtoknow.WhatToKnow:AccordingtoBloomberg,asingleshareholderisofferingtosellaround16millionshares,whichisexpectedtopriceat16.01euros(279 million, of the German lender. Here’s what you need to know.What To Know: According to Bloomberg, a single shareholder is offering to sell around 16 million shares, which is expected to price at 16.01 euros (17.46) per share. The transaction could generate roughly 256 million euros ($279 million) in gross proceeds for the seller. The ...