trending Market Intelligence /marketintelligence/en/news-insights/trending/magfjtqljocsoxgzfuwzhq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Final IPO price values Deutsche Bank's asset management arm at €6.5B

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them


Final IPO price values Deutsche Bank's asset management arm at €6.5B

Deutsche Bank AG's asset management unit, DWS Group GmbH & Co. KGaA, said the placement price for shares offered in its IPO was set at €32.50 per share, valuing the business at €6.5 billion.

A total of 44.5 million existing DWS shares were placed with new investors, representing a total placement volume of approximately €1.4 billion, including 4.5 million shares to cover overallotments. Investors other than Deutsche Bank will end up owning 22.25% of DWS assuming the greenshoe option is fully exercised.

Deutsche Bank had originally targeted an IPO price range of €30 to €36 apiece and planned to list 25% of DWS' existing shares for an expected €1.5 billion to €2 billion.

Japan-based Nippon Life Insurance Co. committed to take a 5% stake in DWS through the IPO at the issue price, while French asset manager Tikehau Capital Partners pledged to spend €250 million on a stake.

DWS' shares are due to begin trading on the Frankfurt Stock Exchange on March 23.