B&C Holding Interested in 30% AMAG Stake

Businessn.a. ♦ Published: March 15, 2012; 19:13 ♦ (Vindobona)

The industrial holding aims for entering the aluminum producer AMAG. RLB Upper Austria is interested too.

B&C Holding Interested in 30% AMAG Stake / Picture: © AMAG

The sale of the 29.9% stake in AMAG now shows progress. The subsidiary of JP Morgang, One Equity Partners (OEP) intends to sell the aluminum producer. At the moment, OEP holds a 34.1% stake. B&C Industrial Holding, which is owned by Bank Austria, already submitted an offer of € 19.0 per share including € 1.50 dividend. B&C as well as AMAG did not comment the offer. Among…