Financial Times FT.com

Pragmatism is required by HRE

By James Wilson

Published: September 29 2009 22:55 | Last updated: September 29 2009 22:55

Axel Wieandt
Tough talking: Axel Wieandt said squeezing out minority shareholders was the only option for the troubled bank ahead of years of restructuring

The chief executive of Hypo Real Estate says that a German government plan to enforce a controversial “squeeze-out” of minority shareholders next week is the only option for the troubled bank.

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