€ 800m for Uniqa´s Re-IPO

Business › n.a. ♦ Published: September 9, 2013; 21:14 ♦ (Vindobona)

The second-biggest Austrian insurance group plans has ambitious growth plans. The capital increase will bring a substantial change in Uniqa´s shareholder structure.

€ 800m for Uniqa´s Re-IPO / Picture: © UNIQA Group

The size of Uniqa´s capital increase comes at € 800m, CEO Andreas Brandstetter said today. “The planned Re-IPO will be a strategic milestone for Uniqa.” he commented. According to him, the insurance group will focus on the capital market in future. Uniqa´s capital increase is attended by Raiffeisen Centrobank, Morgan Stanley and Deutsche Bank.

After the capital increase,…

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