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Real Estate Briefing - Categorized | Finance, M&A, Market Moves, Mortgage more

German lender Hypo Real Estate to consolidate operations, merging 2 of its banks

Posted on 11 June 2009

From AP: Troubled German lender Hypo Real Estate Holding AG said it would merge its Hypo Real Estate Bank and its DEPFA Deutsche Pfandbrief Bank in an effort to restructure the company after it was taken over by the government.

The Munich-based bank said the group is simplifying and integrating its structures……..Full Article: Source


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