Banken: Aareal Bank erwägt Kauf der Hamburg Commercial Bank
Die Aareal Bank lotet Insidern zufolge eine Übernahme der Hamburg Commercial Bank aus. Ein Deal könnte noch in diesem Jahr zustande kommen, ein Abschluss ist jedoch noch nicht sicher.
Deutsche Bank Aareal Bank reportedly considering acquisition of Hamburg Commercial Bank (HCOB), according to insiders. HCOB investors, including Cerberus Capital Management, are reportedly working with advisors to explore a potential sale. Talks between the two German banks are ongoing, and a deal could be finalized this year. Bloomberg News previously reported that HCOB was evaluating a sale and targeting a valuation above its material equity of 3.3 billion euros.
Consultations are ongoing, and while discussions are not certain to result in a transaction, the Aareal Bank owners, Advent and Centerbridge Partners, are said to be supporting the possibility of acquiring HCOB. A dual-track approach, discussing both a sale and an initial public offering (IPO) for Aareal Bank, is believed to be under consideration, with the process potentially beginning next year and leading to either a sale or an IPO.
Representatives from Aareal Bank, Advent, Centerbridge, and HCOB declined to comment, and a Cerberus spokesperson also refused to speak.
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