Hypo Real Estate has become the first private sector group to ask for help from Germany’s €500bn ($640bn) financial sector bail-out fund, saying it needed €15bn of liquidity and may seek fresh capital.
COMPANIES
HRE taps bail-out fund for €15bn
ByJames Wilson in Frankfurt
Published: October 29 2008 10:01 | Last updated: October 29 2008 17:39
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