Austrian Company Deal News and Analysis

Read the latest headlines about financial transactions between Austrian and foreign parties, such as investments, important orders or M&A deals

Hutchison Tries to Persuade EU Commission

The smallest Austrian telecommunication operator wants the EU Commission to approve the takeover of Orange.

October 8, 2012

Andritz Acquires Allied Environmental Solutions, USA

The Austrian technology Group Andritz has acquired Allied Environmental Solutions, Inc. (AES), with headquarters in Columbia, Maryland, USA.

October 8, 2012

Slovenia: Second-Largest Insurance Group to be Sold

The Austrian Uniqa Group and Grazer Wechselseitige Versicherung (Grawe) are interested in Zavarovalnica Maribor (ZM):

October 8, 2012

Erste Group to Sell Ukrainian Subsidiary

This year, the Austrian bank plans to sell its Ukrainian business segment. Erste Group entered the Ukraine in 2006.

October 8, 2012

Semperit Takes Over Malaysian Latexx Partners

The takeover leads to the next phase of global growth, the Austrian company says. Semperit has secured a 47.3% stake in Latexx Partners from its core shareholders.

October 8, 2012

Orange to Withdraw from Austria?

Insiders report that the third-largest telecommunication service supplier in Austria may leave. The merger with Hutchison is in a critical condition.

October 4, 2012

Viennese Investors to Sell UkrTelekom

The Ukrainian investor Rinat Achmetow is said to acquire UkrTelekom.

October 3, 2012

Merger Hutchison 3G-Orange: EU Still Sceptical

EU Commissioner Joaqin Almunia expresses his concerns on the merger. “The number of operators would go down to three from four in Austria.” He says.

October 2, 2012

Erste Group´s Core Shareholder Sells 14 million Shares+

Erste Stiftung, the core shareholder of Austrian Erste Group, remains the biggest shareholder, though.

October 2, 2012

M&A´s: Poland Ranks First Among CEE Countries

According to a study by Ernst & Young Poland ranks 30 among 148 countries.

October 1, 2012

Raiffeisen: CEE Network to be Closed

Austrian RBI (Raiffeisen Bank International) announces that the expansion in Central and Eastern Europe will be concluded soon.

October 1, 2012

Sale of Kommunalkredit: First Offers Expected

The nationalized Austrian bank should be sold until June 2013. Next week, the first non-binding offers are expected.

September 29, 2012

Telekom Austria: Acquisition of „Yesss!“ Uncertain

In an interview with „börseexpress“, Telekom Austria´s CFO Hans Tschuden explains that the takeover of Orange´s discount brand “Yesss!” must be re-considered.

September 27, 2012

bwin.party to Be Taken Over?

The London and Vienna-listed gambling group is said to be an acquisition target.

September 26, 2012

Hutchison 3G: No Further Concessions

The Austrian subsidiary of the Hong Kong-based telecommunication group is not ready to make further concessions to the EU-Commission. For the takeover target Orange, this may cause substantial problems.

September 25, 2012

Slim Now Officially Core Shareholder of Telekom Austria

América Móvil Holds Directly and Indirectly 22.76% of Total Shares of Telekom Austria AG. The seller, the Austrian investor Ronny Pecik has no shares in Telekom Austria anymore.

September 25, 2012

Merger of Hutchison and Orange Still Uncertain

The takeover of Austrian telecommunication operator Orange by the Hong Kong based Hutchison faces legal problems.

September 21, 2012

VBAG to Cut More than 1,000 Jobs

Today, the Austrian problem bank announced to sharpen its austerity program radically. Until 2017, VBAG must be downsized to the half of its current size.

September 21, 2012

Mayr-Melnhof to Become Market Leader in Colombia

The Austrian carton producer Mayr-Melnhof Packaging acquires Colombian Plegacol and creates a new Colombian market leader in folding cartons.

September 17, 2012

Vienna Insurance Group Becomes Market Leader in Macedonia

After the acquisition of QBE Makedonija, Vienna Insurance Group ranks first in the Macedonian insurance market.

September 17, 2012

Kuwait Petroleum Interested in Croatian and Bosnian OMV Stations

OMV sells 91 petrol stations in Croatia and Bosnia. After the Croatian INA has announced to have submitted a binding offer, Kwait Petroleum shows interest.

September 14, 2012

OMV Sells 15% Stake in CEGH to Slovak Eurstream

The Austrian oil company reduced its share in Central European Gas Hub from 80% to 65%.

September 14, 2012

INA Underlines Interest in OMV´s Petrol Stations

The Croatian oil group wants to take over the petrol station business of Austrian OMV in Croatia and Bosnia.

September 12, 2012

Takeover of OMV´s Petrol Stations: INA Faces Legal Restrictions

The Austrian OMV Group plans to withdraw from Croatia and Bosnia. The Croatian subsidiary of MOL is interest in OMV´s petrol stations, but may face legal restrictions from a competition law point of view.

September 7, 2012

Verbund is Said to Sell Stake in Turkish Enerjisa

According to “Kleine Zeitung”, the Austrian energy group Verbund wants to withdraw from Turkey. German eon may purchase Verbund´s stake.

September 6, 2012

Five Potential Buyers for Kommunalkredit

Next year, the nationalized bank should be re-privatized. The sale should be finished until the end of this year.

September 4, 2012

Kapsch Acquired Czech Data Storage

The Austrian IT company strengthens its presence in CEE with acquisition of Data Storage in the Czech Republic.

September 3, 2012

Re-IPO to Increase Uniqa´s Free Float

In 2013 or 2014, the Austrian insurance company plans a Re-IPO. At the moment, the preparations are already under way.

August 29, 2012

VIG Withdraws from Russia

Vienna Insurance Group concludes sale of holdings in Russian Insurers MSK Life, SG MSK and SoVita.

August 29, 2012

Slim to Enter Polish Telecom Firms

The Mexican investor, who recently acquired a 25.9% in Telekom Austria, wants to expand in Poland.

August 25, 2012

Bawag May Sell Leasing Unit

The Austrian lender Bawag, which is owned by the U.S. investment fund Cerberus, is said to sell its leasing business.

August 23, 2012

VIG Aims to Expand in Poland

Vienna Insurance Group is interested in the Polish subsidiaries of ING and Aviva. However, there are no sales plans yet.

August 23, 2012

Several Potential Buyers for Kommunalkredit

In 2013, the nationalized Austrian bank must be re-privatized. The buyer won´t be an Austrian bank.

August 21, 2012

Verbund: Sale of Enerjisa May Bring Synergies

The German energy group eon is said to be interested in Verbund´s stake in the Turkish Enerjisa. In exchange, Verbund should receive hydro power plants in Southern Germany and Austria.

August 20, 2012

Verbund to Sell Stake in Enerjisa?

The German energy group eon is said to be interested in Verbund´s Turkish interest.

August 17, 2012

Telekom Austria Under Pressure

In Austria, the competitive pressure is growing. America Movil wants Telekom Austria to grow in the CESEE region.

August 17, 2012

Demerger at Hypo Group Resolved

In order to become re-sold, the Austrian subsidiary of Hypo Group shifts risky assets to the holding company.

August 14, 2012

Hypo Alpe Adria Divests TLM-TVP in Croatia

The nationalized Austrian bank successfully has sold the aluminum hot-rolling mill TLM-TVP d.o.o. in Croatia to the Vienna-based Euris.

August 13, 2012

Hungary: Erste Group Expands

The Austria major bank purchases the private banking segment of BNP Paribas in Hungary.

August 9, 2012

Lenzing to Expand Further

Lenzing´s CEO explains that the frame conditions for Lenzing are highly satisfying at the moment. However, 2012 will not be another record year.

August 7, 2012

No Merger Between VBAG and Bawag

Bawag´s CEO Byron Haynes reaffirmed that U.S. owned bank is not interested in a merger with the partly nationalized VBAG.

August 6, 2012

Telekom Austria Reconsiders Takover of „Yesss!“

The takeover of Hutchison/Orange and Telekom Austria/Yesss! becomes difficult. After the new EU requirements, Telekom Austria wants to examine the acquisition again.

August 4, 2012

„Dayli“: Up to 20% Yield

With the acquisition of Schlecker Austria, the Austrian investment funds TAP 09 wants to achieve the turnaround soon.

August 2, 2012

Hutchison „3“ Records Substantial Customer Growth

The smallest telecommunication operator in Austria is growing significantly. Revenues were up by 9% in the first six months of 2012.

August 2, 2012

Telekom Austria: Authorities Approve Slim´s Entry

As expected, the public telecommunication authority TKK (Telecommunication Control Commission) approved the entry of the Mexican investor at Telekom Austria.

August 1, 2012

TAP 09 Wants to Expand with Former Schlecker Branches

The Austrian investment funds, which took over Schlecker Austria this week, wants to enlarge the number of branches substantially.

August 1, 2012

Kapsch TrafficCom Strengthens Presence in Mexico

The Austrian IT company acquired 33% of Mexican SIMEX.

August 1, 2012

SBO: „We are growing organically“

In an interview with the Austrian business magazine „Wirtschaftsblatt“, SBO´s CEO Gerald Grohmann underlines the company´s intention to keep the gearing low and generate further growth.

July 31, 2012

Strabag to Expand into Italy

The Austrian construction group intends to enter the Italian construction company „Autostrade Pedemontana“.

July 31, 2012

Bankruptcy Prevented: Schlecker Austria Becomes „daily“

The Austrian investment funds TAP 09 acquires the financially stricken chemist chain. Schlecker Austria should become a local grocer.

July 31, 2012