FRANKFURT (Reuters) – Deutsche Bank <DBKGn.DE> has withdrawn from the bidding process for Wirecard Bank <WDIG.DE> amid concerns over valuaton, a source familiar with the matter said on Friday.
Deutsche Bank and a spokesman for Michael Jaffe, Wirecard’s insolvency administrator, declined to comment.
(Reporting by Hans Seidenstuecker, writing by Edward Taylor, editing by Vera Eckert)
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