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Srei Group to Offer € 65.6m for Hypo

Published: May 22, 2013; 20:24 · (Vindobona)

The Indian Srei Group offers € 65.5m for Austrian Hypo affiliate.

Srei Group to Offer € 65.6m for Hypo / Picture: © Wikipedia / JJ55 (30 March 2008)

According to an article by Presse (Thursday issue), the Indian Srei Group offers € 65.5m for the crisis-struck Austrian Hypo Alpe Adria affiliate. Head of the Indian company Hemant Kanoria is alleged to have personally come to Austria to negotiate about the acquisition and intends to come back at “the end of May or the beginning of June”. This is the time when the selling…

This article includes a total of 518 words.

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