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<a href="http://www.accessmylibrary.com/coms2/summary_0286-14635720_ITM" title="Facts and information about Polytechnische Gesellschaft to vote on change of status for Fraspa (Fraspa-Eigner ebnen Weg fur Verkaufsplane).">Polytechnische Gesellschaft to vote on change of status for Fraspa (Fraspa-Eigner ebnen Weg fur Verkaufsplane).</a>
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Polytechnische Gesellschaft to vote on change of status for Fraspa (Fraspa-Eigner ebnen Weg fur Verkaufsplane).
(From Financial Times Deutschland)
In the current discussions regarding the sale of Frankfurter Sparkasse (Fraspa), the German savings bank, it is reported by banking circles that Polytechnische Gesellschaft, the Frankfurt/Main notabilities' society which owns a 60 per cent stake in the bank, is to decide at a meeting next month whether the bank is to become a public limited company. The change of legal status is a precondition for the sale of the savings ...
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- Newspaper article from: Financial News April 19, 2004 700+ words
...Friday that its owners - the city of Frankfurt and a local authority foundation - had decided to maintain state ownership of Fraspa. Many analysts argue that Germany's notoriously over-banked economy can only be consolidated effectively if the barriers...
