German bank Hypo Real Estate expects to complete the EUR 5.7 bn acquisition of Dublin-based public sector lender Depfa on Tuesday. The European Commission gave its clearance on Friday for what will be the largest takeover ever in Ireland. Both Depfa and Hypo are both listed on the stock exchange in Germany. Depfa reported a half-year profit of EUR 249 mln in July.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
