The Goldman Sachs Group Selling About 16M Shares Of Deutsche Bank; Price Range €16.01 To Market
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs is selling approximately 16 million shares of Deutsche Bank, with the price range set between €16.01 and the market price. Goldman Sachs is acting as the bookrunner for this transaction.
October 14, 2024 | 4:00 pm
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NEUTRAL IMPACT
Goldman Sachs is selling 16 million shares of Deutsche Bank, which may impact its stock price due to the large transaction volume and its role as the bookrunner.
Goldman Sachs' decision to sell a large volume of Deutsche Bank shares could affect its stock price due to the transaction's size and its role as the bookrunner. However, the direct impact on GS's stock price is uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80