1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites

Countdown for Postbank IPO Begins

January 19, 2004

The Postbank, Germany’s largest financial services provider with more than 11 million customers, is sticking to its timetable for going public. Despite tough market conditions, there is no reason to postpone the scheduled offering for this fall, said a speaker for the bank, which is a subsidiary of the logistics giant Deutsche Post. The mother company is planning to float 49 percent of Postbank stock estimated to be worth about 2.5 billion euros.

Skip next section Explore more
Skip next section DW's Top Story

DW's Top Story

Skip next section More stories from DW