SWF Radar MartinBlessing


Germany did not block SWF bid for Dresdner Bank

Posted by Editor on September 16, 2008 at 09:52 AM

Financial News reports (subscription required) that, “The German Government took a neutral stance during the acquisition of Dresdner Bank and, contrary to rumour, did not rule out its purchase by a sovereign wealth fund, according to Martin Blessing, the chief executive of Commerzbank.”