The EU Commission approves aid-free privatisation of a German bank (HSH Nordbank)

State aid: Commission approves aid-free privatisation of German HSH Nordbank* The European Commission has approved the sale of HSH Nordbank by the German Länder of Hamburg and Schleswig-Holstein to private investors, after finding the sale was carried out through an open, competitive and non-discriminatory process and resulted in a positive price without additional State aid. Commissioner Margrethe Vestager, in charge of competition, said: "The German authorities have found a sustainable solution for HSH Nordbank that

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European Commission, The EU Commission approves aid-free privatisation of a German bank (HSH Nordbank), 26 November 2018, e-Competitions November 2018, Art. N° 88679

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