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Commerzbank agrees to buy Dresdner

China Daily | Updated: 2008-09-02 07:57

Commerzbank agrees to buy Dresdner

A branch of Commerzbank AG in Berlin, Germany. Bloomberg News

Commerzbank AG agreed to buy Allianz SE's Dresdner Bank for 9.8 billion euros ($14.4 billion) in Germany's biggest banking takeover in three years, leapfrogging Deutsche Bank AG by customers and branches.

Commerzbank agrees to buy Dresdner

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