German Private Bank Sold to Private Investor

Hamburg-based Bankhaus Wolbern has been sold by the South African bank Absa to local private equity investor and prominent businessman, Professor HM Schulte. Terms of the transaction were not disclosed. Absa....

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By: Contributing Editor
January 23, 2006
Hamburg-based Bankhaus Wolbern has been sold by the South African bank Absa to local private equity investor and prominent businessman, Professor HM Schulte. Terms of the transaction were not disclosed. Absa....