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ÖVAG to be Split
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Resolution to transfer the banking business of Österreichische Volksbanken-Aktiengesellschaft (ÖVAG) to Investkredit Bank AG by way of de-merger planned for 19 May 2011.

Resolution to transfer the banking business of Österreichische Volksbanken-Aktiengesellschaft (ÖVAG) to Investkredit Bank AG by way of de-merger planned for 19 May 2011. Core shareholders of ÖVAG intend to acquire € 300m of participation capital held by the Republic.
It is planned that in the General Assembly on 19 May 2011 a resolution will be passed on the transfer of…
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