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

Billa Has Growth Plans in Russia

The Austrian subsidiary of German Rewe Group intends to take over the Russian competitor Citystore.

January 16, 2012

Telekom Austrian Interested in Bulgarian Vivacom

The second-largest Bulgarian telecommunication enterprise is for sale. Telekom Austria has good prospects to become the buyer.

January 16, 2012

Hutchinson Acquired Orange

The Chinese telecommunication operator takes over Frenche Orange. The acquisition price totals € 1.0bn.

January 14, 2012

Polish Warta: Decision Expected this Week

Vienna Insurance Group and Zurich fight for Polish Warta. The seller, Belgian KBC, will decide this week.

January 12, 2012

Pankl Takes Over German Automotive Company

The Austrian automotive and racing company Pankl acquires the German specialist Huber, which is located in Munich.

January 11, 2012

Treibacher Industrie New Owner of Austria Email

The Carinthian Treibacher industrial holding raised its stake in Austria Email from 38.8% to 88.88%.

January 10, 2012

T-Mobile and Hutchinson 3G Become Partners

The Austrian subsidiary of the German T-Mobile and the Chinese Hutchinson 3G closed an agreement over a long-term grid partnership.

January 5, 2012

Tyrol Equity Takes Over German RSN Sihn

The Austrian investment company acquired 50.1% in the German automotive supplier company RSN Sihn.

January 2, 2012

VBAG: Sale of VBI to Be Closed in 2012

Contrary to the original schedule, the sale of the eastern European bank will not be closed by the end of the year.

December 29, 2011

Emco With Growth Plans

The new owner of the former A-Tec subsidiary, now can begin to realize its expansion plans.

December 27, 2011

Polbank: RBI wants to Lower Price

The Austrian Raiffeisen Bank International delays the closing of the acquisition. RBI negotiates over a reduction of the acquisition price.

December 27, 2011

Tele2 Finalizes Acquisition of Silver Server

The Austrian Internet service provider is taken over for € 12.3m after the competition authority has approved the deal.

December 23, 2011

Strabag Group Expands Range of Services with Structural Timber Engineering

The German subsidiary Züblin gains access to the field of timber construction through an acquisition.

December 23, 2011

Kuhn Holding Buys Emco

A purely Austrian solution was found for the former A-Tec subsidiary. The Austrian mechanical engineering company is acquired by Kuhn Holding.

December 21, 2011

EVN Raises Stake in Bulgarian Subsidiaries

The Austrian energy group acquired additional shares for € 45m in connection with the privatization process in Bulgaria.

December 21, 2011

Pecik Extends Stake in Telekom Austria

The Austrian investor Ronny Pecik is told to become the largest shareholder in Telekom Austria. Up to 29% are possible.

December 20, 2011

VBAG Sells Insurance Segment

The Austrian Volksbanken AG sells its stake in Victoria Volksbanken to Ergo Austria.

December 20, 2011

Benko Relieved from Money Laundering Accusations

Investigations against the Austrian real estate investor will end soon, German newspapers report. Benko bids for Metro´s subsidiary Kaufhof.

December 20, 2011

Many Applicants in Emco Sale

The Austrian mechanical engineering company, which is a subsidiary of the insolvent A-Tec group, is highly sought-after. The sale price is estimated to reach € 30m.

December 19, 2011

Rumors Say Raiffeisen Looking for New Investors

According to newspaper reports, the Austrian Raiffeisen Zentralbank (RZB) has talks with banks in Sweden and Norway. RZB denies such information.

December 19, 2011

Serbia Tries Privatization Again

After the privatization of Telekom Srbija has failed in spring 2011, the Serbian government tries again. Telekom Austria could still show interest.

December 19, 2011

Norwegian Telenor to Enter Telekom Austria

The core shareholder at Telekom Austria, Ronny Pecik, could re-sell its recently acquired stakes. Telenor and the Russian Sistema are interested.

December 17, 2011

Kaufhof-Deal Not Closed Before 2012

The two main competitors for the German retail chain are the Austrian real estate investor René Benko and the U.S. investor Nicolas Berggruen.

December 17, 2011

Plansee Group Sells PMG

The Austrian provider of metallurgically manufactured products sells the business division to a German asset management company.

December 16, 2011

Pecik to Enlarge Activities in Telekom

The new core shareholder of Telekom Austria, Ronny Pecik, plans to acquire further shares. He will enter the supervisory board.

December 14, 2011

VIG and Zurich Fight for Polish Warta

According to the Polish newspaper Rzeczpospolita, the Swiss Zurich and the Austrian Vienna Insurance Group are the favorites for the acquisition of Warta.

December 14, 2011

Wolong Holds 98.8% in ATB Austria

The Chinese Wolong Group has almost finished its complete takeover of the former A-Tec subsidiary ATB.

December 13, 2011

Bulgaria Starts Sale of Share in EVN Bulgaria

The Bulgarian state withdraws from the Austrian energy company. 33% of the shares in EVN Bulgaria will be privatized.

December 13, 2011

Kaufhof: Investigations Cause Delay in Sale Process

Suspicions of money laundering against the Austrian real estate investor René Benko prevent the take-over for the time being.

December 13, 2011

Orange-Sale to Chinese Hutchinson Uncertain

The sale of the Austrian subsidiary of France Télécom is not fixed yet. Negotiations already run for four months.

December 12, 2011

Erste Group Increases Stake in BCR to 82%

In connection with the implementation of agreements with the Romanian SIFs, Erste Group has acquired a further approx. 7% stake in BCR against cash and issuance of new shares.

December 12, 2011

IPIC to Take Over OMV?

This week, IPIC announced to raise its stake in OMV. At the moment, the Arab investment fund holds 24.9% of OMV´s share capital.

December 9, 2011

Kaufhof: Benko Offering € 2bn?

The Austrian investor decisively rejected reports that suggested this acquisition price. Metro’s CEO wants to obtain € 2-3bn.

December 8, 2011

Benko Confirms Binding Offer

Both Metro Group and René Benko´s Signa Holding confirmed that a binding offer for Metro´s subsidiary Kaufhof has been put.

December 6, 2011

Kaufhof: Benko Is Preferred

According to the seller, the German Metro Group, the Austrian real estate investor has good odds. Benko will submit a binding offer soon.

December 5, 2011

Polish Financial Market Authority Claims RBI´s Quotation

The Vice-President of the Polish financial market authority, Wojciech Kwasniak, asks the Austrian Raiffeisen Bank International to quote in Warsaw, besides the listing in Vienna.

December 3, 2011

Erste Group Buys Remaining Shares in Romanian BCR

The Austrian bank has reached an agreement with the last one of five regional investment funds to acquire its stake of 6%.

November 30, 2011

Austrian Post Intends to Grow through Acquisitions

CEO Georg Pölzl wants to invest € 100m in Eastern and Western European markets. The dividend might be raised to € 1.65 per share.

November 29, 2011

VIG Acquires Polish Life Insurance Company Polisa

The Austrian insurance group rounds off its product portfolio in Poland. Polisa generated a premium volume of € 21m in 2010.

November 29, 2011

Benko Puts Pressure on Kaufhof

The Austrian real estate investor René Benko presents his growth program and wants to outbid his rival, the U.S. investor Berggruen.

November 28, 2011

Stock Swap at Erste Group

The Austrian bank increases its stake in the Romanian BCR by 6.23% against cash and issuance of new shares

November 28, 2011

Investigations Against Benko

The Austrian real estate investor Benko is suspected for money laundering. Benko denies and sees a link to the Kaufhof-deal.

November 26, 2011

Interest for A-Tec Subsidiary Brixlegg

The copper segment of the insolvent Austrian A-Tec group could find a new owner soon. An Austrian aluminum trader intends to purchase Brixlegg.

November 26, 2011

Bewag Sells TV Station BKF

The regional energy provider and a Viennese publishing house have agreed on the sale. Closing is expected to take place in December.

November 25, 2011

New Rumors about Takeover of Phone Service Provider Orange

“3” has reportedly offered € 1.4bn for an acquisition of its competitor. Assets worth € 300m might be sold to market leader A1.

November 25, 2011

Borealis to Acquire French Fertilizer Producer

The Austrian chemical company has made an offer to take over PEC-Rhin in its entirety.

November 25, 2011

Growing Capital Shortfall at Volksbanken Group

The Austrian bank will need another € 200m in order to comply with the EBA’s capital requirements. The price for the sale of VBI might be reduced to € 500m.

November 24, 2011

Uniqa Plans Sale of German Subsidiary Mannheimer

The Austrian insurance group’s new strategy brings increased concentration on Eastern European growth markets.

November 24, 2011

CA Immo Invests in Munich

The Austrian real estate group purchased a 50% stake in the Skygarden project in Munich. The acquired property value amounts to around € 63m.

November 21, 2011

Kaufhof: Benko Has Good Odds

The Austrian real estate investor has high chances to acquire the German retail chain Kaufhof. The sale could be closed before Christmas.

November 19, 2011