Independent journal on economy and transport policy
08:18 GMT+2
NordLB drops plans to sell shipping loans to KKR
(Reuters)
July 3, 2017
German lender NordLB [NDLG.DE] has abandoned efforts to sell a 1.3 billion euro ($1.5 billion) portfolio of shipping loans to KKR (KKR.N), a spokesman for NordLB said on Monday.
NordLB had said in April it hoped to complete a deal by the end of June, following about a year of negotiations ...... Read more on Reuters
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