PropertyEU

Hypo 'welcomes' JC Flowers-led offer for 24.9% stake

By A staff reporter 2008-04-17T00:00:00

The board of Hypo Real Estate Group has welcomed 'in principle' the news that a group of investors led by US private investor JC Flowers intends to make a public offer for 24.9% of the shares in Germany's second-largest commercial real estate lender.

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