Austria: Hypo Alpe Adria Group and Anadi Financial Holdings Pte. Ltd. Signed Deal

Politics ♦ Published: May 31, 2013; 16:27 ♦ (Vindobona)

After a successful restructuring of the bank the signing is an important step towards the privatization of the banking institute.

Austria: Hypo Alpe Adria Group and Anadi Financial Holdings Pte. Ltd. Signed Deal / Picture: © Wikipedia / JJ55 (30 March 2008)

The completion of the transaction was monitored by the Austrian Financial Market Authority. “Dr Sanjeev Kanoria and his enterprise Anadi is clearly the best bidder of international format, proven business experience and with strong regional affirmation,” CEO Gottwald Kranebitter said. “New products, further markets and the support of core regions are the targets of our business…

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