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At least five bids have been placed on HSH Nordbank

The first round of bidding in the sale of major German shipping bank HSH Nordbank has amounted to five bids on the bank, from parties including a Chinese and a US investor, report several media.
by LOUISE VOGDRUP-SCHMIDT

The sale of major German bank HSH Nordbank, which is 85 percent owned by the two German states Hamburg and Schleswig-Holstein, is in full swing as the first round of bidding has now been concluded.

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