Commerzbank Said to Hire Rothschild, Goldman for DB Merger (1)

Rothschild & Co. and Goldman Sachs Group Inc. are advising Commerzbank AG on its merger talks with Deutsche Bank AG, according to people familiar with the matter.

Both banks have received formal mandates to advise Germany’s second-largest lender on the deal after previously working with Commerzbank AG to advise on possible takeover offers, the people said, asking to be not identified discussing private information. Deutsche Bank has still to formally appoint banks on the deal, people with knowledge of the matter said.

Hengeler Mueller, meanwhile, will give legal advice to Commerzbank. Lawyers in Frankfurt and Dusseldorf will work with the ...