German court rules against Deutsche Bank in PostBank acquisition lawsuit

Core Viewpoint - Deutsche Bank faced a legal setback as Cologne's higher regional court ruled against the bank in a dispute with shareholders regarding the underpayment in its acquisition of Postbank [1] Group 1: Legal Dispute - The legal dispute involves allegations from shareholders that Deutsche Bank underpaid during its acquisition of German retail bank Postbank [1] - The merger between Deutsche Bank and Postbank took place in 2018 [1] - In August, Deutsche Bank managed to reach settlements with nearly 60% of the plaintiffs involved in the case [1]