Sponsored Content
Sale of Kommunalkredit to Be Postponed
Politics ♦
Published: December 17, 2012; 18:40 ♦ (Vindobona)
The sale of the Austrian nationalized bank will not be sold by the end of the year. Austria´s Ministry of Finance postpones the signing by three months.
Sale of Kommunalkredit to Be Postponed / Picture: © Kommunalkredit
“It is correct that it is very unlikely to have a signing until the end of December.” Fimbag´s chairman Klaus Liebscher told “Wirtschaftsblatt” today.
According to Liebscher, the submitted offers are rather complex from a legal point of view. As a result, the Austrian Ministry of Finance has asked the EU Commission to postpone the signing by three months. Liebscher…
or Log In
Fast News Search