09.06.2009 - German government holds 90 pct of Hypo Real Estate
From Forbes: Troubled German lender Hypo Real Estate Holding AG said Monday the government now holds 90 percent of its shares - but that it still needs more help despite government bailout efforts. The government's Financial Market Stabilization Fund, or SoFFin bought 987 million new shares from a special capital increase June 2 in its effort to nationalize the Munich-based lender. Hypo's total share capital now stands at about euro3.7 billion, which would make the government's stake worth some euro3.3 billion........Full Article: Source
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