Porr: Shareholder Structure to Change

Businessn.a. ♦ Published: November 22, 2012; 15:22 ♦ (Vindobona)

The Austrian construction company plans to increase its free float. CEO Karl-Heinz Strauss has made his compulsory offer.

Porr: Shareholder Structure to Change / Picture: © Porr AG

In summer, the main shareholders B&C Group, CEO Karl-Heinz Strauss and Klaus Ortner resoved to change the shareholder structure fundamentally. After B&C Holding has sold its stake in Porr, Ortner controls a 51.5% stake. Before, Ortner held 28.5%.

In October, Strauss acquired an interest of 38%. “With this transaction, we could re-organize the ownership structure of…

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