Sunday, 17 February 2019

HNA cuts stake in Deutsche Bank to 6.3 percent: SEC filing | Reuters

HNA cuts stake in Deutsche Bank to 6.3 percent: SEC filing | Reuters:

Chinese conglomerate HNA has cut its stake in Deutsche Bank to 6.3 percent, according to a filing with the U.S. Securities and Exchange Commission.

That marks a reduction from 7.64 percent of voting rights reported in the most recent filing in Germany.

HNA, even with the reduced holding, would remain one of the largest shareholders in Germany’s largest lender.

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