No binding offers received for Postbank - sources
FRANKFURT (Reuters) - The sale process for Deutsche Postbank (DPBGn.DE) has not yet advanced to the point that binding offers have been received by majority owner Deutsche Post (DPWGn.DE), financial sources said on Wednesday.
The sources said, however, that intensive talks were going on with parties including ING (ING.AS), Banco Santander (SAN.MC), Deutsche Bank (DBKGn.DE) and Lloyds TSB (LLOY.L).
Shares in Postbank leapt earlier on market talk that Lloyds TSB was preparing an 11 billion euro (8.7 billion pounds) bid for the bank at 67 euros per share.
By 0917 GMT, the shares were up 6.5 percent to 57.72 euros, leading the gainers in Germany's blue-chip DAX .GDAXI.
(Reporting by Mathias Inverardi)
© Thomson Reuters 2009 All rights reserved.
Can I have one for Christmas?
The hottest toy in the U.S. this Christmas is an interactive hamster. It does not come from one of the major toy brands or from a movie but a small, seven-year-old company from Missouri. Full Coverage
UK
US
Made in China: a new 'electromobile'