(Reuters) - The auction -- the first ever sale of a German savings bank in which private-sector commercial banks can bid -- is likely to put a value of up to 6 billion euros on the entire bank, sources close to the sale have said. Last week, three bidders put binding offers on the table.
On Tuesday, however, UBS analysts said the Berlin bank could be worth more if it were floated on the stock market. Factoring in the possibility of takeover interest, stock market investors might pay up to 8.1 billion euros, they said.
Read more at Reuters.com Bonds News
On Tuesday, however, UBS analysts said the Berlin bank could be worth more if it were floated on the stock market. Factoring in the possibility of takeover interest, stock market investors might pay up to 8.1 billion euros, they said.
Read more at Reuters.com Bonds News
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