Postbank signs on as official sponsor for Borussia Mönchengladbach
Participating in this sponsorship deal:
About Sponsor:
Deutsche Postbank AG is a German retail bank with headquarters in Bonn. Postbank was formed from the demerger of the postal savings division of Deutsche Bundespost in 1990. It became a wholly owned subsidiary of Deutsche Post in 1999, and was partially spun out on the Frankfurt Stock Exchange in 2004. Deutsche Post retained a controlling stake of 50% plus one share until September 2008, when 30% of this was sold to Deutsche Bank for €2.8 billion. Deutsche Bank gained a majority stake in the firm through a tender offer completed in December 2010, and intended to exercise first option on a bid for the remainder of Deutsche Post's holding in 2012.
About Property:
Borussia VfL 1900 Mönchengladbach e.V., commonly known as Borussia Mönchengladbach, Mönchengladbach or Gladbach, is a German association football club based in Mönchengladbach, North Rhine-Westphalia.