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Sale of Innovest is imminent

Published: July 5, 2010; 00:00 · (Vindobona)

Beside Raiffeisen there are two other interested parties.

Sale of Innovest is imminent / Picture: © Vindobona.org

After about two years the sale of Siemens Austria subsidiary Innovest seems imminent.

Main prospective is Raiffeisen Capital Management (RCM), and two other interested parties, including one from abroad, according to "Wirtschaftsblatt" (Monday edition).

Apparently the deal could be finalised in the next few days. The purchase price is reported to be €30-40m…

This article includes a total of 189 words.

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