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Pinegrove to acquire 21% stake in sino from HSBC, subject to BaFin approval

Sino AG logoSino AG
Sig2.28Sen+3.12Env0.00Soc0.00Gov+1.06

Pinegrove will buy a 21% stake in Düsseldorf-based sino from HSBC, making it sino’s largest individual shareholder. sino is a high-end brokerage focused on active private investors. Completion is subject to BaFin ownership-control regulatory clearance under German rules. The deal aligns with Pinegrove’s venture and growth secondaries strategy.

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