The Equity Capital Markets (“ECM”), the Equity Brokerage (“Equity Trading” and “Equity Sales”/”Brokerage”) businesses, and the hedging business for commodity risks will not be part of the transaction. These businesses remain part of its strategic client offering.
“As a market leader for corporates in Germany, we will, of course, continue to offer the full range of capital markets products including commodity hedging products and brokerage services to our clients.”