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Commerzbank in market for cross-border M&As

By Gao Changxin | China Daily | Updated: 2011-06-30 08:12

Commerzbank in market for cross-border M&As
A branch of Commerzbank in Frankfurt, Germany. In 2010, the lender worked on six M&A transactions between Chinese and German companies. Hannelore Foerster/Bloomberg

SHANGHAI - Commerzbank AG, Germany's second-biggest bank by assets, said its investment banking business in China will focus mainly on advising and financing Chinese companies' accelerating merger-and-acquisition (M&A) activities in Germany.

Philipp Mohr, Commerzbank's global head for M&A advisories, told China Daily on Wednesday that M&A service is one of the core strengths of the bank's investment banking business in China and that it hopes to increase its involvement in the country's growing investments in Germany.

Commerzbank in market for cross-border M&As

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