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HSH Nordbank aims to give owners option of stock market sale (HSH Nordbank erwagt den Gang an die Borse).
(From Handelsblatt)
The management of HSH Nordbank, the German regional bank, has said that it aims to create a structure for the bank which will allow its owners the option of selling shares via the stock market. HSH Nordbank is a public limited company which was formed through the merger of two publicly-owned regional banks. Its owners include the city of Hamburg, with 35.4 per cent, the regional bank WestLB, with 26.9 per cent, the Land of Schleswig-Holstein, with 19.6 per cent, and publicly-owned savings banks (Sparkassen) in Schleswig-Holstein, with 18.2 per cent.
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