DB leads €125m tail-swallow for Liberbank foundations

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DB leads €125m tail-swallow for Liberbank foundations

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Ingo Bartussek/Ingo Bartussek - Fotolia

Deutsche Bank is tonight leading a block trade so that three foundations that are among the largest shareholders in Liberbank can 'tail-swallow', meaning sell some of their stakes to finance subscription to Liberbank's €500m rights issue.

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