March 18, 2019 / 3:43 PM / a month ago

Commerzbank wants clarity on merger in 2-3 weeks - sources

FRANKFURT, March 18 (Reuters) - Commerzbank management wants to decide on whether to go ahead with a potential merger with Deutsche Bank in the next 2 to 3 weeks, two sources with knowledge of the matter said on Monday.

Then Commerzbank management wants to take another 4 to 6 weeks to carry out due diligence, the sources said.

Commerzbank declined to comment.

Handelsblatt first reported the development. (Reporting by Hans Seidenstuecker Writing by Tom Sims Editing by Riham Alkousaa)

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