PropertyEU

Hypo Real Estate squeezes out minority shareholders

By A staff reporter 2009-10-07T00:00:00

Hypo Real Estate’s annual general meeting on Monday passed a resolution on the squeeze-out of its minority shareholders, who will receive a cash settlement of EUR 1.30 per no-par value share. The squeeze out was demanded by state-owned German Financial Markets Stabilisation Fund (SoFFin), which currently holds 90% of HRE’s ...

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