Postbank Headquarters

Postbank Headquarters
Bonn, Germany (DE)
Postbank was formed from the demerger of the postal savings division of Deutsche Bundespost in 1990. It became a wholly-owned subsidiary of Deutsche Post in 1999, and was partially spun out on the Frankfurt Stock Exchange in 2004. Deutsche Post retained a controlling stake of 50% plus one share until September 2008, when 30% of this was sold to Deutsche Bank for €2.8 billion. Deutsche Bank has first option on a bid for the remainder of Deutsche Post's holding.

In 2007, the annual revenue was 8.2 billion euros.
Postbank was formed from the demerger of the postal savings division of Deutsche Bundespost in 1990. It became a wholly-owned subsidiary of Deutsche Post in 1999, and was partially spun out on the Frankfurt Stock Exchange in 2004. Deutsche Post retained a controlling stake of 50% plus one share until September 2008, when 30% of this was sold to Deutsche Bank for €2.8 billion. Deutsche Bank has first option on a bid for the remainder of Deutsche Post's holding.

In 2007, the annual revenue was 8.2 billion euros.
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By: neotrix

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