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<a href="http://www.accessmylibrary.com/coms2/summary_0286-26196774_ITM" title="Facts and information about Deutsche Bank buys Kirch's Axel Springer stake.">Deutsche Bank buys Kirch's Axel Springer stake.</a>
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Deutsche Bank buys Kirch's Axel Springer stake.
(From FT Investor (Pulses))
Deutsche Bank on Tuesday bought the bankrupt media group Kirch's 40 per cent stake in Axel Springer, the German publisher, for [euro]667.3m ($655m). Deutsche described the widely-expected move as a "temporary financial investment" and said it was in talks to sell 10 per cent of Springer to Friede Springer, the company's largest shareholder, giving her effective control of the publisher. The bank said it was open to other offers ...
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