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Private equity giants circle HSH Nordbank

A formal sales process with select bidders for HSH Nordbank, the German bank which specialises in shipping and property finance, has been launched after federal state owners Hamburg and Schleswig-Holstein confirmed initial binding bids have been received. Private equity giants Apollo, Cerberus and J.C. Flowers are all reported to have met the Friday deadline.
CoStar News
October 30, 2017 | 4:53 P.M.

HSH Nordbank declined to comment on the identities of the bidders but the trio as well as Lone Star and Chinese insurance company Anbang all previously been linked to a bid.

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