 Opposition parties from the left and right spurred creation of the committee, while the governing centrist coalition abstained.With the German state (via SoFFin) already owning 90% of HRE, an extraordinary general meeting on 5 October 2009 approved a €1.30 per share squeeze out of the remaining private shareholders, including J.C.Flowers (which a year earlier had taken a 25% stake at €22.50 per share).