March 18, 2019 / 3:41 PM / 6 months ago

Commerzbank wants clarity on merger in two-three weeks: sources

FILE PHOTO: The headquarters of the Commerzbank AG is pictured before the bank's annual news conference in Frankfurt February 13, 2014. REUTERS/Ralph Orlowski

FRANKFURT (Reuters) - Commerzbank management wants to decide on whether to go ahead with a potential merger with Deutsche Bank in the next 2 to 3 weeks, two sources with knowledge of the matter said on Monday.

Then Commerzbank management wants to take another 4 to 6 weeks to carry out due diligence, the sources said.

Commerzbank declined to comment.

Handelsblatt first reported the development.

Reporting by Hans Seidenstuecker; Writing by Tom Sims; Editing by Riham Alkousaa

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