U.S. Firms In Talks To Invest In Spanish Bad Bank

The U.S. firms PIMCO and Fortress Investment Group are in talks with Sareb, Spain’s bad bank, about investing in the facility, which may make shareholders wait at least five years to see a return.

  • 14 Dec 2012

The U.S. firms PIMCO and FortressInvestment Group are in talks with Sareb, Spain’s bad bank, about investing in the facility, which may make shareholders wait at least five years to see a return.

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