Deutsche CEO says can't risk delaying stake sales

Newswire

FRANKFURT, June 25 (Reuters) - The new head of Deutsche Bank AG said late on Monday he would press ahead with selling stakes in firms like DaimlerChrysler despite weak markets in case a new government brings back a tax on such disposals. Deutsche CEO Josef Ackermann said the bank was under pressure to sell its huge portfolio of industrial stakes quickly because of the risk that capital gains tax on the sale of shareholdings scrapped by the current centre-left government may be reintroduced ...

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