Despite flaws, Deutsche's Postbank sale set to attract interest

April 21, 2015 2:08 PM

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FRANKFURT, April 21 (Reuters) - Postbank is a low-profit retail banking network in need of restructuring but current owner Deutsche Bank may discover plenty of potential buyers prepared to look beyond the blemishes of the German chain.

"Several banks in Europe are already working on the topic very intensively," one investment banker said. Selling Postbank on the stock market instead of directly to a strategic buyer would be less lucrative for Deutsche Bank, he said.

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