DWS rises on data centre business sale report

DWS GmbH & Co KgaA

18/09/2025 07:46

** Shares in DWS DWSG.DE gain 3.4% in premarket

** If gains hold at open, stock on track for best day in more than one month

** Financial Times reports firm aims to sell data centre business, as advised by Torch and Evercore, to capitalize on AI-fuelled boom

** Deutsche Bank asset manager hopes sale will value data centre business, NorthC, at more than 2 bln euros ($2.36 bln), report says

** Reuters could not confirm report, DWS did not immediately respond to request for comment

** Of 14 analysts, six rate DWS "strong buy" or "buy", seven "hold" and one "sell"; mean PT 53.48 euros - per LSEG data

** Stock up 30% YTD

($1 = 0.8485 euros)

 (Reporting by Paolo Laudani)

 ((Paolo.laudani@thomsonreuters.com))