VBAG And RZB Group Reach An Agreement

Professional ServicesBanks ♦ Published: June 27, 2013; 14:20 ♦ (Vindobona)

VBAG and RZB Group conclude contract on the aquisition of assets.

VBAG And RZB Group Reach An Agreement / Picture: © Volksbank AG
  • RZB Group acquires ÖVAG assets
  • Contract on first package signed
  • Further tranche still in negotiation

Yesterday evening, Österreichische Volksbanken-AG (VBAG) and the RZB Group concluded a contract on the acquisition of assets. Subject to the approval of the Austrian Federal Competition Authority, credit claims of domestic and international…