Commerzbank CEO says plans no offer for Deutsche's Postbank

April 30, 2015 12:25 PM

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FRANKFURT, April 30 (Reuters) - Commerzbank has no plans to bid for Postbank, the retail banking chain that rival Deutsche Bank aims to sell through a stock exchange offering in 2016, Chief Executive Martin Blessing said on Thursday.

"Postbank is supposed to be listed on the bourse, according to Deutsche Bank, so I don't intend to call Deutsche Bank and make an offer instead," Blessing said in response to a query at the bank's annual shareholder meeting.

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