WestLB Overhaul Plan May Be Approved by North Rhine-Westphalia

WestLB AG’s overhaul plan introduced by the government of North Rhine-Westphalia may be approved by the state after the Social Democrats and the Green Party, which govern the state, found agreement with Christian Democrats, Markus Wesk, a spokesman for the Social Democrats said by telephone. North Rhine-Westphalia are now voting on the plan.

To contact the reporter on this story: Holger Elfes in Dusseldorf at helfes@bloomberg.net.

To contact the editors responsible for this story: Celeste Perri at cperri@bloomberg.net.

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