Deals
Deutsche Bank Agrees to Sell BHF to RHJ for $497 Million
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Deutsche Bank AG agreed to sell its BHF-Bank unit to RHJ International for 384 million euros ($497 million) after year-long talks on a deal that helps Germany’s biggest lender meet tougher capital requirements.
The final price paid by RHJ’s Kleinwort Benson Group is subject to adjustments, the companies said in separate statements today. The deal also requires regulatory approval.