HANNOVER, Germany — Germany's largest bank is offering to take battery-maker Varta AG private so it can invest in future battery technology. In what amounts to a bank-financed management buyout, DB Investor, a subsidiary of Deutsche Bank, has offered to buy Varta shares for E14.50 (US$12.59) per share, a substantial premium over the E8.7 to E12.3 (US$7.28 to US$10.29) range of the share price this year. The deal already has the approval of the largest shareholder, the Quandt family, ...
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