ÖIAG: Sale of the Post and Telekom is possible

People ♦ Published: December 20, 2010; 23:13 ♦ (Vindobona)

Peter Michaelis, the departing CEO of the Austrian state holding company (ÖIAG) is considering the sale of interest holdings.

ÖIAG: Sale of the Post and Telekom is possible / Picture: © Vindobona.org

For Michaelis, the sale of state holdings in Telekom Austria and the Post is "possible without further issue" to a minimum of 25.1%. The ÖIAG CEO adds however that further steps should be considered carefully. This is what is published by the “Kurier” following an interview. "Because I would not want these companies to become takeover targets or to get into wrong hands" said…

or Log In

Fast News Search
Related News
Michaelis Leaves Austria's State Holding Company (December 3, 2010)
OMV: Republic of Austria Will Hold On to Its Stake (October 27, 2010)
ÖIAG: ÖVP vs. SPÖ (September 17, 2010)
Austrian Post Refurbishes its Board (September 16, 2010)
ÖIAG Boss Michaelis Under Pressure (September 15, 2010)
OIAG to become an infrastructure holding (July 23, 2010)
Read More
OEIAG, Austrian Post, Peter Michaelis, OMV, Telekom Austria, Privatizations, SPOE
Featured
See latest Vindobona Newsletter