标题: The last laugh [打印本页] 作者: tauringhuang. 时间: 2008-9-5 14:24 标题: The last laugh Sep 4th 2008
From The Economist print edition
Commerzbank’s purchase of Dresdner holds lessons for other dealmakers[attach]38058[/attach]
NOT so long ago, staff at Dresdner Kleinwort, the investment-banking arm of Dresdner, a German bank, used to refer to Commerzbank, a rival, as “Comedy bank”. No one is laughing now. On August 31st Allianz, an insurer, gave up the struggle to make anything of its 2001 purchase of Dresdner and sold the bank to Commerzbank for