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Austrian Post Intends to Grow through Acquisitions

Published: November 29, 2011; 12:12 · (Vindobona)

CEO Georg Pölzl wants to invest € 100m in Eastern and Western European markets. The dividend might be raised to € 1.65 per share.

Austrian Post Intends to Grow through Acquisitions / Picture: © Österreichische Post AG

The stock-listed Austrian Post AG is planning to grow through acquisitions in the future. CEO Georg Pölzl is willing to spend more than € 100m on takeovers, he said at an investor conference in New York. “We are actively looking at companies that could be interesting for us, not only in Eastern, but also in Western Europe”, Pölzl stated.

He refused to confirm or deny…

This article includes a total of 190 words.

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