Deutsche Bank (DB) confirms its plans to raise at least €9.8B ($12.5B) by selling stock to...

|About: Deutsche Bank AG (DB)|By:, SA News Editor

Deutsche Bank (DB) confirms its plans to raise at least €9.8B ($12.5B) by selling stock to meet stricter capital requirements and to make a bid for Deutsche Postbank (DEUPF.PK). DB already holds a 30% stake in Postbank, and plans to offer €24-25/share in cash to gain control of the consumer lender.