PropertyEU

DG Hyp, Muenchener to merge, paper reports

By A staff reporter 2007-07-06T00:00:00

German cooperative real estate banks DG Hyp and Muenchener Hypothekenbank are close to signing a merger agreement, German newspaper Frankfurter Allgemeine Zeitung reported, citing an unnamed source. The paper said the non-executive boards of the two companies are set to approve a letter of intent on the merger this week. ...

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