January 3, 2020 / 9:11 AM / a month ago

Commerzbank buys Comdirect shares from Petrus Advisers

FRANKFURT (Reuters) - Commerzbank (CBKG.DE) has purchased a block of shares in Comdirect (CDBG.DE) that pushes its ownership of the online bank to over 90%, paving the way for a full takeover, the German lender said on Friday.

Commerzbank bought the stake from Petrus Advisers.

Reporting by Tom Sims; editing by Thomas Seythal

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