Deutsche Bank raises funds from Qatar-based company

Source: Bloomberg
© Scanpix/Reuters
Deutsche Bank, the biggest bank in Germany, sold 60 million shares for 1.75 billion euros or 29.20 euro per share to the Qatar-based investment company Paramount Holdings Services. Recently, the bank announced its plans to increase capital, raising as much as 8 billion euros in total. Following these news, Deutsche Bank shares decline 0.9% to 30.54 euro by 8:00 GMT in Frankfurt.
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