PropertyEU

Lone Star, JP Morgan buy Dutch bad bank for €895m

By Virna Asara 2016-06-29T00:00:00

dealmakers handshake with sun coming through window rs 2

A joint venture between US private equity firm Lone Star Funds and JPMorgan Chase & Co. has agreed to buy the Dutch state-owned bad bank Propertize for around €895 mln.

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