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Austria: Alpine’s Future Sealed

Published: March 26, 2013; 15:55 · (Vindobona)

The restructuring contract has been signed by banks and insurance companies. Shareholders are not affected by a haircut.

Austria: Alpine’s Future Sealed / Picture: © Alpine Logo Press Photo

Today, Alpine was able to agree on the restructuring measures with Austrian and international financial partners as well as with parent company FCC. All the required signatures have been collected and the pursued quorum of 95 % has been achieved.

The now existing solution was found in several weeks of intense negotiations between the construction company Alpine, its more than 50…

This article includes a total of 215 words.

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