German bank Berlin Hyp boosted pre-tax profit by 10.2% to EUR 21.6 mln in Q1 compared to the average quarter last year. Net profit came to EUR 13.2 mln, the bank said in a press statement. Interest and net commission income was steady at EUR 53.9 mln.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
