Demerger at Hypo Group Resolved

Businessn.a. ♦ Published: August 14, 2012; 20:07 ♦ (Vindobona)

In order to become re-sold, the Austrian subsidiary of Hypo Group shifts risky assets to the holding company.

Demerger at Hypo Group Resolved / Picture: © Wikipedia / JJ55 (30 March 2008)

The management of the nationalized Hypo Group Alpe Adria intends to sell the Austrian and Italian subsidiaries. In the middle run, also the subsidiaries in the Western Balkan countries should be sold.

Hence, Hypo Alpe Adria Austria´s demerger was resolved today. Public loans, foreign interests and other risky assets were shifted to the holding company Hypo Alpe Adria Bank…