Deutsche Bank AG — M&A Activity 2001

Nov 15, 2001

News Details

Ad-hoc | 15 November 2001 07:56

Deutsche Bank AG english

Deutsche Bank AG and Deutsche Vermögensberatung AG enter into strategic distribu Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Deutsche Bank AG and Deutsche Vermögensberatung AG agreed a comprehensive strategic distribution cooperation today. Within the scope of this cooperation, Deutsche Vermögensberatung AG will in future concentrate its sales activities in the fields of investment funds and banking products in Germany and Austria on Deutsche Bank Group. The cooperation is due to start in the first quarter of 2002. The distribution cooperation covers both the complete range of investment funds offered by DWS and all of Deutsche Bank 24’s financial and banking products. At the same time, Deutsche Vermögensberatung AG will enter the German market as the mobile sales force for Deutsche Bank 24. Extensive measures for acquiring new clients are at the centre of this partnership. The cooperation is of a long-term nature and should enable the partners to develop their full market potential in retail customer business. Deutsche Vermögensberatung AG has almost 30,000 financial consultants and 1,650 main offices and branches in Germany and Austria. It has 3.3 million clients. end of ad-hoc-announcement (c)DGAP 15.11.2001 ——————————————————————————– WKN: 514000; Index: DAX, EURO STOXX 50 Listed: Amtlicher Handel in Berlin, Bremen, Düsseldorf, Frankfurt, Hamburg, Hannover, München und Stuttgart; EUREX; Amsterdam; Antwerpen; Brüssel; London; Luxemburg; NYSE; Paris; Tokio; Wien; Swiss Exchange; 150756 Nov 01