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Fresh Money for Hypo Group Alpe Adria

Published: November 22, 2013; 08:07 · (Vindobona)

The nationalized Austrian bank receives € 1.05bn from the Austrian Ministry of Finance.

Fresh Money for Hypo Group Alpe Adria / Picture: © Wikipedia / JJ55 (30 March 2008)

Until the end of the year, Hypo Group´s capital requirement comes at € 1.05bn.In order to keep the equity quota stable, the Austrian state injects further funds into Hypo Group. The contributions consist of participation capital (50%) and a capital injection (50%). Such a construction does not require the approval of the shareholders´ meeting. In the next years, Hypo Group´s total…

This article includes a total of 146 words.

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