Commerzbank Looks To Unload Loan Unit

Commerzbank will be unloading its property financing unit, Eurohypo, as part of an agreement that will allow it to receive federal rescue funds.

  • 07 May 2009
Commerzbank will be unloading its property financing unit, Eurohypo, as part of an agreement that will allow it to receive federal rescue funds. Sale of the unit and other commercial holdings are said to be conditions set by the European Commission that the troubled German lender must comply ...

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