German court rules against Deutsche Bank in PostBank acquisition lawsuit
Deutsche Bank offices in the City of London on July 2, 2024, in London, U.K.
Mike Kemp | In Pictures | Getty Images
Cologne’s higher regional court on Wednesday ruled against Deutsche Bank in a long-standing legal dispute with shareholders who alleged the lender underpaid in its acquisition of German retail bank Postbank.
The institutions merged in 2018.
In August, Deutsche Bank reached settlements with nearly 60% of plaintiffs in the case.
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