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A decision on a sale or initial public offering (IPO) may, however, be delayed until after state elections in Schleswig-Holstein in spring of 2017.HSH turned to its owners after risky assets turned sour in 2008, and it got hit by the slump in global trade in the wake of the financial crisis.

That would mark the second liquidation of a public-sector bank induced by the European Commission after the West LB case in 2012.19%)” — and they were likely to see increased revenues. Retaining your current customers is 5 to 10 times cheaper than acquiring new ones.So why are you blowing all your social media efforts on the short-term sale?The Commission, HSH and its owners negotiated for years over a plan to restore HSH to health and to avoid the need for new state aid in future.“Key issues will be the performance of the three main business segments shipping, real estate and corporates as well as the timing of any deal within the shipping cycle,” one of the sources said.

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