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Stefan Ermisch

Stefan Ermisch - HSH Nordbank

HSH Nordbank

It now looks certain that ailing state-owned HSH Nordbank will be bought by US private equity firms Cerberus and JC Flowers, and a deal could be announced as early as this week, according to local business reports in Hamburg. Read more

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Stefan Ermisch - HSH Nordbank

HSH Nordbank

The highest bid from the three remaining bidders for the troubled Kiel- and Hamburg-headquartered HSH Nordbank is coming in at about €200m, according to a recent report in the Wall Street Journal. Following an EU decree... Read more

Companies

Stefan Ermisch - HSH Nordbank

HSH Nordbank

The majority owners of German lender HSH Nordbank, the federal states of Hamburg and Schleswig-Holstein, have received ‘several binding bids’ for the bank by the deadline of 27 October, they announced this weekend. Read more

Companies

Stefan Ermisch - HSH Nordbank

HSH Nordbank

Mid-sized northern German Landesbank HSH Nordbank made a further significant step towards cleaning up its balance sheet by selling off €1.64bn of legacy loans, as part of its mission to ready itself for new ownership as decreed by the EU following... Read more

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