Hypo Real Estate acquires Irish Depfa Bank

By A staff reporter 2007-07-23T00:00:00

German property financier Hypo Real Estate announced on Monday that it is acquiring Depfa Bank of Ireland for around EUR 5.7 bn. The takeover sum represents a premium of 17% on Depfa's closing price on Friday. The deal will result in one of Germany's biggest banks with total assets of ...

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