UniCredit plans German growth but not by takeovers - CEO

FRANKFURT (Reuters) - UniCredit Chief Executive Federico Ghizzoni on Wednesday said his group's German branch HVB had plans to expand in Germany but not through acquisitions. Ghizzoni ruled out any interest in Postbank , owned by Deutsche Bank . Deutsche Bank aims to sell Postbank on the stock market as part of a group restructuring plan. “We have no plans for acquisitions but we have a clear plan to expand our business” in Germany, he said at a conference. (Reporting by Thomas Atkins; Editing by Jonathan Gould)