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Conwert to Leave Germany?
A consortium of investors is highly interested in the German subsidiary of the Austrian real estate group. The consortium is led by conwert´s former board director Johannes Meran.
Vienna-listed conwert is said to withdraw from Germany / Picture: © Vindobona.org
Today, conwert´s CEO Clemens Schneider confirmed that conwert has received an offer from the consortium. “At the moment, we are examining the offer thoroughly.”
Schneider´s comment is contravenes a statement released yesterday. A spokesperson commented that conwert will not change its strategy. “Conwert is focusing on realizing the growth potential in Germany.” the…
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