SG and UBS reach Tank & Rast settlement

29 Sep 2008

Société Générale and UBS have reached an out-of-court settlement with RREEF, Deutsche Bank’s alternative assets investor, and Terra Firma over the Eu2.27bn loan backing the leveraged buyout of Tank & Rast, the German motorway service station group.

SG and UBS were two of the underwriters of the Tank & ...

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