# Commission Decision of 18 July 2011 on State aid C 15/09 (ex N 196/09), which Germany implemented and is planning to implement for Hypo Real Estate (notified under document C(2011) 5157) (Only the German text is authentic) (Text with EEA relevance) (2012/118/EU), Division (iii)

Extent: E+W+S+N.I.

If the DEPFA plc sub-group is being wound up and therefore withdraws from the market, no problems which are related to State aid will arise as long as the DEPFA plc sub-group does not contract any new business. Germany undertakes to notify the European Commission promptly in advance of any sale of DEPFA plc or subsidiaries of DEPFA plc to third parties, and a sale will not take place before 31 December 2013 unless it has been approved by the Commission in advance. The Commission will make every effort to complete the relevant investigation as quickly as possible. This commitment does not apply to asset-only sales from DEPFA and/or its subsidiaries.

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Source: https://www.legislation.gov.uk/eudn/2012/118/annex/division/5/division/5.2/division/iii (the official version)
Page: https://openlegislation.uk/eu-decision-2012-118/annex/division-5/division-5.2/division-iii
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.