The Cerberus fund reduces shares in Deutsche Bank AG and Commerzbank of AG

In total investment fund will sell papers approximately on 500 million dollars the American fund of direct investments Cerberus Capital Management sells part of the shares in the German banks Deutsche Bank AG and Commerzbank of AG, reports American daily business newspaper "The Wall Street Journal" with reference to an informed circle, reports information agency "Interfaks-Kazakhstan". According to a source, Cerberus will sell 21 million stocks Deutsche Bank AG from 62 million papers of bank belonging to it, and also 25 million actions of Commerzbank of AG from the package in 63 million papers. Proceeding from a value of the stock of the German banks on market closing on Monday, in total Cerberus...