German policymakers may consider selling the government's 17% shares in Commerzbank after the conduct of the national elections in September, Reuters reports.
Sources familiar with the transaction also said that the investment bankers have already requested for discussions with the Finance Ministry regarding the government's exit from the bailed-out lender.
However, the approach on how to sell the shares might be included in the negotiations to form a new government. Thus, decisions would not be made until after the polls on September 22.
The German government earned stake in Commerzbank, the country's second-largest lender, after it salvaged the bank in the course of the 2009 financial crisis. While the Finance Ministry has constantly stated that it wants the investment to be as brief as possible, no pronouncement has been made regarding when the shares would be sold. The stake is now valued at US $1.63 billion (Eur 1.25 billion).
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