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        German regulator confirms that HNA’s holding of shares in Deutsche Bank complies


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Sources familiar with the situation said that the German Financial Regulatory Authority (Bafin) has determined that the Chinese general enterprise HNA Group did not violate the information disclosure requirements of the German stock market when it increased holdings of shares in Deutsche Bank (DBKGn.DE).

Bafin did not comment on his findings. The Suddeutsche Zeitung first reported the news. The investigation has now been completed.

HNA Group also declined to comment.

HNA Group purchased Deutsche Bank shares last year and became the largest shareholder of the bank. Bafin then initiated a survey.

 
Since then, HNA Group has sold part of its holdings to cope with funding constraints.


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