Deals
Cerberus Considers Buying Commerzbank Stake
- Buyout firm may build minority stake with market purchases
- Deal may help Cerberus capitalize on rallying industry outlook
The Commerzbank AG logo sits illuminated on the bank's headquarter offices at dusk in the financial district in Frankfurt.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Cerberus Capital Management is weighing a plan to purchase a stake in Commerzbank AG as the U.S. buyout firm seeks to add investments in European lenders, according to people familiar with the matter.
Cerberus is considering building a minority stake by buying shares in the German bank on the market, the people said, asking not to be identified because the discussions are private. The private equity firm hasn’t made a final decision on the size of the holding, and may still decide to pursue a different strategy to capitalize on the industry’s improving outlook, said the people.