March 18, 2019 / 3:50 PM / 3 months ago

Commerzbank wants clarity on merger in 2-3 weeks - sources

Outside view of the Deutsche Bank headquarters in Frankfurt, Germany, March 17, 2019. 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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