Sponsored Content
Hypo Group: Settlement Rejected by BayernLB
People ♦
Published: April 1, 2014; 10:40 ♦ (Vindobona)

Sponsored Content
The majority stockholder of BayernLB, the former parent company of Hypo Group Alpe Adria, is not willing to negotiate about a settlement with the Austrian problem bank.

The Bavarian Finance Minister Markus Söder announced on Monday evening that the State of Bavaria, as the majority holder of regional lender BayernLB, does not see a reason to comply with the Austrian requests and agree on a settlement. “We have a clear legal position and a long breath,” Söder claimed. Hence, BayernLB insists on the repayment of the loan granted to its…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
BayernLB: “Odd“ Sponsoring Contracts in Carinthia (March 31, 2014)
Hypo Group: “The People are Really Pissed Off“ (March 28, 2014)
BayernLB Threatens Hypo Group with Damage Claims (March 26, 2014)
Spindelegger: Investigation Committee “Counterproductive“ (March 25, 2014)
BayernLB: “We Were Brazenly Betrayed by Austria" (March 18, 2014)
Sponsored Content
Read More
Featured
Sponsored Content