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AMAG: First IPO since 2007

Published: March 10, 2011; 01:57 · (Vindobona)

After more than three yeas, a new company will be listed on the Vienna Stock Exchange: the aluminum company AMAG.

AMAG: First IPO since 2007 / Picture: © AMAG

Austria Metall AG (AMAG) is expected to be listed on the Vienna Stock Exchange still this year. The capital strengthening will allow the aluminum manufacturer to expand further and to increase production.  On the other hand, the stake of the previous owner, One Equity Partners, a subsidiary of JPMorgan, will be reduced.

CEO Gerhard Falch says that initially the plan is to assess…

This article includes a total of 154 words.

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