Guggenheim Partners LLC
will make its bid for DWS
ahead of a deadline this week along with a handful of other potential buyers, Bloomberg Businessweek reports
of Canada, Macquarie
, State Street Corp.
, Ameriprise Financial Inc.
, and Apax
are also reportedly interested in gobbling up DWS assets.
However, P Morgan Chase & Co.
, has reportedly dropped its bid.
Deutsche Bank said
in November that it
was reviewing its global money-management business except for the
European and Asian mutual-fund divisions. The units that for sale include institutional fund management, a real estate investment unit
and U.S. mutual funds, totaling some 400 billion euros ($525 billion) of assets under management.
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