Societe Generale to Acquire Commerzbank’s Equity Markets and Commodities Unit
Posted on 07/03/2018
Frankfurt-based Commerzbank AG is selling its equity markets and commodities (EMC) business to Societe Generale SA. The sale includes Commerzbank’s exchange-traded products unit – includes ComStage funds. The unit being sold generated an excess of € 381 million in gross revenue in 2017. In addition, Societe Generale will take over Commerzbank’s investment products and asset […]