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M & A
Strabag Aims to Take Over Italian Highway Operator
The Italian highway operator Milano Serravalla is going to be privatized. The Austrian construction company plans to acquire the majority.
November 7, 2012
Palfinger Takes Over Norwegian Bergen Group Dreggen
The Austrian crane manufacturer today announced that it has agreed to take over Bergen Group Dreggen AS, a Norwegian producer of marine and offshore cranes and lifting equipment.
October 30, 2012
RHI Aims to Take Over Orient Refractories
The Austrian producer of refractories plans to expand in India. The investment may have a size of € 80m.
October 29, 2012
VIG Considers Expanding Further
Vienna Insurance Group has cash reserves of € 1.5bn. Now, the insurance group wants to take over some small or medium-sized companies.
October 24, 2012
Bawag Gets New Owner
In return for a capital increase of € 200m, the U.S. investment fund Cerberus cedes a 33% stake in the Austrian bank.
October 19, 2012
Verbund Does Not Exclude Sale of Enerjisa
The Austrian energy company Verbund is said to withdraw from Turkey. However, further investments would be conceivable too, Verbund says.
October 12, 2012
Verbund Sells € 70m Asset
Austria’s biggest electricity producer is focussing on majority interests with emphasis on hydropower.
October 11, 2012
Grawe Bids for Zavarovalnica Maribor
The Austrian insurance group wants to take over the Slovenian insurer Zavarovalnica Maribor (ZM). ZM´s management prefers Slovenian bidders.
October 10, 2012
Andritz is Concerned About China
The CEO of Andritz Wolfgang Leitner thinks that there are substantial risks for the Chinese and European economy.
October 10, 2012
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
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