Business

London’s Gherkin tower goes into receivership

By Washington Examiner
Published April 24, 2014 3:36pm ET
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London’s Gherkin tower goes into receivership
FILE - In this Monday April 10, 2006 file photo, a view from Nelson's Column shows the Gherkin building over central London's skyline. Accountancy firm Deloitte LLP says Thursday, April 24, 2014 it has been appointed receiver of one of London's most iconic buildings, the Gherkin. The high-rise office tower in London's financial district is co-owned by Germany's IVG Immobilien AG, which went into bankruptcy protection last year. Deloitte said Thursday that the building had run into difficulties due to its "complex, multicurrency capital structure." The tower, nicknamed the Gherkin for its distinctive pickle-like shape, houses the headquarters of insurance company Swiss Re. (AP Photo/Kirsty Wigglesworth, file) | Kirsty Wigglesworth

LONDON (AP) — Accountancy firm Deloitte LLP said Thursday it has been appointed receiver of one of London’s most iconic buildings, the Gherkin.

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