Bloomberg News

Hypo Real Estate Minority Squeeze-Out Cleared by Appeals Court

September 28, 2011

Sept. 28 (Bloomberg) -- Hypo Real Estate Holding AG’s former minority investors lost a court appeal over the lender’s rescue by the government, which forced them to sell their stock.

The Munich Regional Court dismissed an appeal against a lower court ruling, which the plaintiffs had also lost. The judges rejected the plaintiffs arguments that the squeeze-out was unconstitutional and violated European rules.

To contact the editor responsible for this story: Rajiv Sekhri at rsekhri1@bloomberg.net


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