Next stop, Hypo
Fresh from its failed attempt to acquire UK insurer Friends Provident, the US private equity firm JC Flowers has teamed up with Grove International and Shinsei Bank to buy a 25 percent stake in German bank, Hypo Real Estate.
Fresh from its failed attempt to acquire UK insurer Friends Provident, the US private equity firm JC Flowers has teamed up with Grove International and Shinsei Bank to buy a 25 percent stake in German bank, Hypo Real Estate.
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