It Is Official: Deripaska Is Back at Strabag

People ♦ Published: December 1, 2010; 11:26 ♦ (Vindobona)

Basic Element group exercises the call option for 17 percent stake in Strabag.

It Is Official: Deripaska Is Back at Strabag / Picture: © Wikipedia / Dzinko

Rasperia Trading Ltd., a part of Basic Element diversified industrial group owned by the Russian investor Oleg Deripaska, informed Strabag SE, that it exercised the call option for 17% stake in Strabag SE, Central and Eastern Europe’s construction market leader, on 30 November 2010. In compliance with the agreement signed earlier with Strabag core shareholders - Haselsteiner Group and…