Banking and financial services group SNS Reaal is to receive EUR 750 mln from the Dutch state, plus a further EUR 500 mln from its controlling foundation. The firm emphasised that its business was sound and that the extra liquidity should be seen as an extra 'buffer' against a potential worsening of the climate rather than a 'lifeline'.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
