Hypo Group Considers IPO

Politics ♦ Published: August 31, 2013; 17:32 ♦ (Vindobona)

The Austrian nationalized bank takes an IPO of its Eastern subsidiaries into account.

Hypo Group Considers IPO / Picture: © Wikipedia / JJ55 (30 March 2008)

Until the end of the year, Hypo Group´s management wants to sell its Austrian subsidiary to Indian Srei Group. In July, the Italian affiliate ceased the new business.

Moreover, the fully nationalized bank will separate the subsidiaries in Slovenia, Croatia, Bosnia, Serbia and Montenegro. If the sale of the subsidiaries in Southeastern Europe should prove unsuccessful, Hypo…