Linde and Adidas Appoint Deutsche Bank for American Depositary Receipt Programmes
Deutsche Bank has been appointed as depositary bank for the sponsored Level I American Depositary Receipt (ADR) programme of Linde AG (Linde), a gas and engineering company with almost 50,000 employees working in around 100 countries worldwide.
In addition, the bank has also been appointed as successor depositary bank for the sponsored Level I ADR program of Adidas AG (adidas). Headquartered in Herzogenaurach, Germany, the group has more than 38,000 employees and generated sales of €10.8bn.
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