Raiffeisen Postpones Stock Exchange Plans

Business › n.a. ♦ Published: April 29, 2011; 08:07 ♦ (Vindobona)

The banking group has to postpone for two or three years the IPOs of the agricultural holdings NÖM and LLI planned for 2011.

Raiffeisen Postpones Stock Exchange Plans / Picture: © Raiffeisen Bank International AG / S. Klimpt

For the Raiffeisenbank Wien-Niederösterreich, involved in numerous regional companies, the IPO slowdown at the Vienna Stock Exchange and the subdued mood on the international stock exchanges is a real inconvenience. The dairy company NÖM, as well as Leipnik-Lundenburger, should have entered the Vienna Stock Exchange in 2011. Raiffeisen is postponing these plans for two to three years.…

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