Eurohypo board gives go-ahead to purchase of Essen Hyp

By A staff reporter 2008-07-08T00:00:00

German bank Eurohypo said on Monday its board has given the green light to the acquisition of Hypothekenbank in Essen (Essen Hyp) from its parent company, Commerzbank, for an undisclosed amount. The bank said the decision represents 'a decisive step towards the merger of Essen Hyp and Eurohypo.' Commerzbank announced ...

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