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NEWS BULLETIN NO. 12675

EBRD confirms possibility of acquiring Hypo's network in southeast Europe

Source: Hina
Author: vmic
ZAGREB, Nov 26 (Hina) - The European Bank for Development and Reconstruction (EBRD) and the U.S. private equity firm Advent International are ready to pay 50 million euros to acquire a 20-percent stake in the southeastern European network of Hypo Group Alpe Adria, the European development finance institution confirmed on Wednesday.

(Hina) ms

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