WestLB abandons Westimmo sale

By A staff reporter 2010-10-28T00:00:00

German banking group WestLB has rejected the current offers on the table for its dedicated real estate lending unit, Westimmo as 'unacceptable from an overall business point of view'. The board of the Landesbank has decided - on the basis of the offers submitted - not to pursue the sale ...

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