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DWS Backs Frankfurter Leben's Acquisition of Athora Deutschland

MT Newswires·08/13/2026 05:03:38
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05:03 AM EDT, 08/13/2026 (MT Newswires) -- DWS Group (DWS.F) will serve as a strategic financing partner for Frankfurter Leben Group's acquisition of fellow life insurance consolidator Athora Deutschland. The Deutsche Bank (DBK.F) majority-owned asset manager will invest a low- to mid-double-digit million-euro sum in a restricted tier 1 capital instrument of Frankfurter Leben, according to a Thursday release. It will also "collaborate strategically" with the buyer as part of the deal. The deal supports DWS' business with institutional insurance clients and alternative investments, which it considers two of its strategically attractive growth areas.