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Topic: Business
Number of pages / Number of words: 2 / 466
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to sell Kleinwort Benson completely. However Walter, the chairman of the Dresdner Bank was not prepared for this. This led to the withdrawal of the Dresdner Bank from the merger negotiations.

In economic and political circles, the planned merger was celebrated as Germany’s advance into the premier league of the international financial markets...

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But the failure of the merger led to the disaster of Germany as the financial center.

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