B&C Industrieholding to Sell Major Stake in Porr

Business › n.a. ♦ Published: June 5, 2012; 10:58 ♦ (Vindobona)

The Bank Austria-owned B&C Industrieholding is said to sell ist 37% stake in the Austrian construction group. CEO Karl-Heinz Strauss may be a potential buyer.

B&C Industrieholding to Sell Major Stake in Porr / Picture: © Vindobona.org

Unicredit pushes Bank Austria to sell the 37% interest in Porr, the third-largest Austrian construction company. Bank Austria holds its stake via B&C Industrieholding AG. The volume of the transaction may come at € 100m. B&C Industrieholding also has stakes in Semperit, AMAG and Lenzing.

B&C Industrieholding plans to offer the stake to the existing shareholders…

or Log In

Fast News Search
Related News
Porr Urgently Needs New Capital (May 1, 2012)
Drastic Losses at Porr (April 30, 2012)
Porr Takes over German TKDZ (February 17, 2012)
Porr Extends Capital Increase (February 2, 2012)
Porr: Capital Increase Flows Smoothly (January 16, 2012)
Read More
Porr, M & A, VIG Vienna Insurance Group, Construction Industry, Real Estate Industry, Karl Heinz Strauss, Bank Austria, UniCredit, B & C Industrieholding
Featured
See latest Vindobona Newsletter