PropertyEU

Soffin acquires 47% of Hypo and eyes rest

By A staff reporter 2009-05-07T00:00:00

The German government, through the bank rescue fund Soffin, holds 47.31% of the shares of Hypo Real Estate Holding following the expiration of the acceptance period for the EUR 1.39 per share offer tabled for the troubled property financier in mid-April.

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