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China's HNA Group looks to hike Deutsche Bank stake - sources
March 10, 2017 / 10:21 AM / 8 months ago

China's HNA Group looks to hike Deutsche Bank stake - sources

HONG KONG (Reuters) - Chinese conglomerate HNA Group (0521.HK) would like to increase its stake of 3 percent in Germany’s Deutsche Bank (DBKGn.DE), two sources with knowledge of the matter told Reuters.

The head quarters of Germany's Deutsche Bank are photographed early evening in Frankfurt, Germany, January 31, 2017. REUTERS/Kai Pfaffenbach

However, the Chinese company would have to resolve some issues before it could complete any deal, said one of the sources, who has direct knowledge of the matter, without elaborating.

Representatives of HNA and Deutsche Bank declined to comment.

Reporting by Julie Zhu; Writing by Michelle Price; Editing by Clarence Fernandez

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