21/11/2010
WestLB’s owners continue without deviation to pursue Landesbank consolidation or sale of the bank as a whole
The owners of WestLB wish to state that they are continuing to exclusively pursue only two options for the future of the bank: Consolidation within the Landesbank sector or the sale of the core bank in its entirety.
Michael Breuer, chairman of the Supervisory Board speaking on behalf of the bank’s owners said: “As we have stated before the owners will only consider the consolidation option or sale in its entirety. Together with the Federal authorities, all the owners and the Management Board are agreed: We do not wish the bank to be broken up.”