Corporate Communications vom 03.03.2009
DAB bank AG boosts equity stake in SRQ FinanzPartner AG
Majority stake increased from 52.52 % to 81.61 %
Munich, March 3, 2009
DAB bank AG has increased its equity stake in SRQ FinanzPartner AG (SRQ). By purchasing the shares of two former shareholders, it increased its equity interest in the financial advisory firm from 52.52 % to 81.61 %.
SRQ is one of the fastest-growing financial advisory firms in Germany. At December 31, 2008, 108 financial planners advised 10,333 clients throughout Germany and administered client assets of EUR 1.09 billion. DAB bank had purchased a majority stake of 52.52 % in SRQ by contract of October 27, 2006.
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