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Thursday, April 26, 2018
HSH Nordbank posts 2017 loss on bad loan portfolio sale
FRANKFURT, April 26 (Reuters) - HSH Nordbank, which is in the midst of a sale to buyout groups Cerberus and J.C. Flowers, posted a 2017 pretax loss of 453 million euros ($551 million) on writedowns of bad ship loans.
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