HVB: UniCredit Considers IPO

Business › n.a. ♦ Published: October 14, 2013; 17:44 ♦ (Vindobona)

Bank Austria´s holding company UniCredit may sell a minority stake in Germany HVB.

HVB: UniCredit Considers IPO / Picture: © UniCredit Banca

The former owner of Bank Austria (HVB acquired Bank Austria in 2001) may return to the stock exchange, German newspaper “Spiegel” reports. HVB was acquired itself by UniCredit in 2005. In order to improve its equity base, UniCredit examines an IPO. In total, UniCredit may sell 15% to 25% of HVB´s shares, “Spiegel” reports. According to HVB´s management, the Re-IPO was not…

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HVB Hypo Vereinsbank, Bank Austria, UniCredit, Germany, Italy, IPO, Capital Markets, Equity Markets, Banking Industry
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IT0004781412
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