Landesbank: Verkauf geplatzt – Sparkassen wollen ihre Anteile an der NordLB vorerst behalten
Die Institute hatten die Landesbank 2019 zusammen mit dem Land Niedersachsen gerettet. Vor einer Veräußerung ihrer Beteiligung sehen sie jedoch weiteren Gesprächsbedarf.
Frankfurt - The German federal savings banks and Landesbanks have decided to retain their 24 percent stake in NordLB for the time being. At a meeting on Monday, the full board of the German Savings Banks and Credit Associations (DSGV) announced that they would not accept an offer from the German state of Lower Saxony to purchase the shares.
According to the DSGV, voices within the organization are urging to continue supporting NordLB's recovery beyond the end of the bailout measure, which is expected to be possible by the end of the year. This led to further discussion points with Lower Saxony, whose offer was explicitly acknowledged.
The savings banks group is willing to engage in further discussions with Lower Saxony. It is now agreed that NordLB has shown positive development since 2019. Lower Saxony already owns a majority stake of 58 percent in NordLB and wanted to increase its share to over 80 percent through the purchase of additional shares. The state reportedly offered around 760 million euros for this increased stake.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
