FRANKFURT, June 27 Germany's Deutsche Bank
is seeking a buyer for all or part of Maher
Terminals, an operator of cargo container facilities in the
United States and Canada that it bought for $2.3 billion
including debt in 2007, The Wall Street Journal reported.
Citing people familiar with the matter, the paper said Maher
had accumulated $1.5 billion in losses at Deutsche Bank since
the financial crisis.
It cited one source as saying Deutsche Bank may sell the
whole business or seek separate deals for Maher's two terminals,
or it could opt not to sell now at all.
It said a sale of the whole business could fetch a price
between $800 million and $1 billion.
Deutsche Bank declined to comment on the report.
(Reporting by Maria Sheahan; Editing by Prateek Chatterjee)