Skip navigation
Newswire

Deutsche Bank CEO to wait with Daimler sale- paper

FRANKFURT, Nov 19 (Reuters) - The head of Germany's biggest bank, Deutsche Bank , still aims to sell all of the bank's industrial shareholdings but will wait to sell its stake in car group DaimlerChrysler , he told a newspaper in remarks released on Wednesday.

"I have always said we will dispose of all our holdings. But of course the price must be right," Deutsche Chief Executive Josef Ackermann told German daily Frankfurter Allgemeine Zeitung in an interview to appear in Thursday's edition.

"I still see upward potential in DaimlerChrysler (shares) and so we will wait before selling," Ackermann told the paper.

Deutsche Bank holds 11.8 percent in the German-U.S. carmaker.