Deals
Fosun Studies Bid for German Pudding Tycoons' Private Bank
- ABN Amro, Oddo BHF also weighing offers for Bankhaus Lampe
- Wealth manager could fetch at least 200 million euros in sale
A worker restocks a freezer cabinet with packets of Dr. Oetker frozen pizzas.
Photographer: Andrey Rudakov/Bloomberg
This article is for subscribers only.
Chinese conglomerate Fosun International Ltd. is among suitors considering bids for Bankhaus Lampe KG, the private bank owned by Germany’s billionaire Oetker family, people familiar with the matter said.
ABN Amro Bank NV and Franco-German financial group Oddo BHF are also weighing offers for the private bank, according to the people, who asked not to be identified because the sales process is private. A sale could value the Bielefeld-based firm at 200 million euros ($223 million) or more, one of the people said.