(Reuters) – Commerzbank acquired a 74.9% majority stake in German asset manager Aquila Capital, the bank said on Thursday, without disclosing financial details of the transaction.
The remaining 25.1% stake will remain with the parent company Aquila Group, and the deal is expected to be closed in the second quarter of this year, it added.
(Reporting by Andrey Sychev; Editing by Miranda Murray)
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