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'Hypo Real Estate Holding needs more funds'

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Germany news Hypo Real Estate Holding needs more funds
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Hypo Real Estate Holding needs more funds

06/08/09 07:12

Germany's Hypo Real Estate Holding AG will be needing more government support even after it had a capital increase from Germany's bank-rescue funds.

The rescue fund already holds more than 47 percent of the company and is seeking shareholder approval to inject $4.2 billion and allow the state to get full ownership.

Link: Hypo Real Estate Needs More Help From German State (Upd

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hypo real estate holding Germany 'Hypo Real Estate Holding needs more funds'