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Deutsche Bank AG Set To Sign Deal To Sell BHF-Bank To RHJ-Reuters


Wednesday, 19 Sep 2012 02:56pm EDT 

Reuters reported that Deutsche Bank AG is close to signing a contract to sell unit BHF-Bank to private equity investor RHJ International, with an announcement likely to be made on Thursday. German newspaper Die Welt said in a report due to be published on Thursday that RHJ and three other co-investors would pay around EUR400 million ($522.30 million) for BHF-Bank. Once signed, the deal would still have to be approved by the German markets regulator BaFin. 

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