First successful privatisation of a Landesbank completed

Capt. John

Stefan Ermisch, CEO

HAMBURG/KIEL – HSH Nordbank AG is today embarking on its future as the first successfully privatised Landesbank in Germany. The commercial bank’s new shareholders, who are independent of each other, are Cerberus Capital Management, J. C. Flowers & Co., GoldenTree Asset Management, Centaurus Capital LP and BAWAG or investment funds launched by these. The sale of all indirectly held shares (94.9 percent in total), which was agreed on 28 February [Link Press Release]   , has...

http://www.allaboutshipping.co.uk/2018/11/28/first-successful-privatisation-of-a-landesbank-completed/

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