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German court rules against Deutsche Bank in Postbank acquisition lawsuit

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Summary
Nutrition label

75% Informative

Cologne 's higher regional court on Wednesday ruled against Deutsche Bank in a long-standing legal dispute with shareholders who alleged the lender underpaid in its multi-stage acquisition of German retail bank Postbank .

The 13 plaintiffs in the case claimed that Postbank , which Deutsche Bank acquired over several interest purchases from Deutsche Post , was worth more than the 25 euros ($ 27 ) per share paid in 2010 .

Deutsche Bank said it will now analyze the judgement and noted it has booked provisions covering all outstanding claims by the plaintiffs.

VR Score

83

Informative language

86

Neutral language

70

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

Time-value

short-lived

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