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Bawag to Be Sold?
People ♦
Published: January 31, 2014; 08:03 ♦ (Vindobona)
According to rumours, the fifth largest Austrian lender may be sold.
Bawag to Be Sold? / Picture: © Vindobona.org
The Austrian daily “Standard” reports that the U.S. investment funds “Cerberus” and “Golden Tree” are looking for a buyer for Bawag. However, is not excluded that a Bawag gets a third core shareholder. According to “Standard”, insiders said that the shareholder structure will change this year. In case of a third shareholder, about € 2.0bn may be injected into the…
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