Ex Hypo Alpe Adria SEE Units Post Consolidated Loss of EUR 675 Million

Published: May 27, 2016; 17:30 · (FriedlNews)

The southern European bank units formerly owned by Hypo Alpe Adria, and now in the hands of US equity fund Advent and the EBRD, posted in the first year under the new owners, in 2015, a huge consolidated loss of EUR 675 million. In 2014 the loss totalled EUR 97.4 million.

This article includes a total of 136 words.

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