Deutsche Bank left with 22% of Instone after ‘weird’ block trade

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Deutsche Bank left with 22% of Instone after ‘weird’ block trade

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Illustration picture shows the headquarters of Deutsche Bank in Brussels, Thursday 12 July 2018. BELGA PHOTO NICOLAS MAETERLINCK | NICOLAS MAETERLINCK/PA Images

Deutsche Bank has disclosed a 22% stake in Instone Real Estate, the German residential property developer, after a highly unusual block trade in the stock earlier in the week that failed to clear.

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