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M & A
Orange-Deal: Additional Contribution Threatens
France Télécom and Mid European Partners, the sellers of the Austrian mobile phone operator Orange, may need to pay an additional contribution.
February 22, 2012
Stepic Criticizes Rating Agencies Sharply
For Herbert Stepic, CEO of Raiffeisen Bank International (RBI), statements given by the U.S. rating agencies are “undifferentiated”.
February 20, 2012
Sberbank Upgrades VBI´s Headquarter in Vienna
After the acquisition of the Austrian VBI, the Russian bank wants to expand massively in Europe.
February 20, 2012
Porr Takes over German TKDZ
The Austrian construction group takes over Trierer Kalk-, Dolomit- und Zementwerke (TKDZ) in Wellen.
February 17, 2012
Telekom Austria: No Expansion in Bulgaria
The Austrian telecommunication group is no longer interested in Vivacom. Problems with competition authorities would have occurred.
February 17, 2012
Siegfried Wolf Enters Sberbank
The Austrian national and executive at Magna in Russia becomes President of VBI´s supervisory board.
February 16, 2012
Wienerberger Takes Over Pipelife
Wienerberger is acquiring the remaining 50% stake in Pipelife for € 162m. Sales will increase by € 800m.
February 15, 2012
VBI Sale to Sberbank Finalized
With the sale of the CEE segment of the Austrian VBAG, Russian Sberbank enters Eastern Europe.
February 15, 2012
Bulgarian Vivacom: Telekom Austria Has Only Outside Chances
The second-largest Bulgarian telecommunication enterprise is for sale. Telekom Austria is still interested, in spite of dismal prospects.
February 14, 2012
Sale of Brixlegg Concluded
The former copper-division of the insolvent Austrian A-Tec Group has been sold to the Swiss Umcor AG.
February 10, 2012
AUA to be Re-Sold?
Rumors on Austrian Airlines do not end. A sale by Lufhansa is discussed, even the insolvency is not excluded.
February 9, 2012
Zielpunkt Gets New Owner
MBO at the Austrian supermarket chain: CEO Jan Satek takes over the company and wants to focus on local supply.
February 7, 2012
Austrian Green Building Group Acquired Stake in Slovenian Lumar
The Austrian investment company acquired the Slovenian market leader in environmentally friendly construction.
February 7, 2012
Montana Tech Components Acquires Croatian Aluminum Companies
The Austrian financial investor MTC takes over the two largest aluminum companies in Croatia. Turnover of the acquisition targets amount to € 240m.
February 6, 2012
VBI Sale: Closing Expected for Mid-February
The Russian Sberbank buys VBI from Austrian VBAG. The price totals € 505m.
February 6, 2012
„3“ Wants to Retain „Aggressive Competition“
The Hong Kong-based Hutchinson Whampoa Group, which operates the telecommunication service supplier “3” in Austria, took over the competitor “Orange”. However, “3” keeps its “aggressive” style.
February 4, 2012
Pecik Aims for Reaching Blocking Minority
The Austrian investor Ronny Pecik intends to re-organize the supervisory board. Nevertheless, operating functions are not targeted.
February 4, 2012
AMAG to Become New Owners?
About one third of Austrian aluminum producer´s shares are for sale. Raiffeisen and B&C are potential buyers.
February 4, 2012
Spanish FCC Sole Owner of Alpine
The Salzburg-based construction group Alpine now has the Spanish FCC as sole owner. The industrialist Dietma Aluta-Oltyan sold his 13.5% stake.
February 3, 2012
Hutchinson Takes Over Orange
The Austrian subsidiary of the Hong Kong-based telecommunication group takes over Orange Austria, a member of France Télécom.
February 3, 2012 · Updated: February 3, 2012; 13:23
Telekom Austria Acquires Discount Brand “Yesss!”
Telekom Austria Group Agrees to Acquire Assets of Orange Austria for a maximum amount of € 390m.
February 3, 2012
Borealis Acquired PEC-Rhin S.A. from GPN
The Austrian producer of synthetic products took over French PEC-Rhin S.A. A price was not announced.
February 1, 2012
Increase in IPIC´s Shareholding at OMV Approved?
Today, the Austrian Ministry of Economics announced to have decided over IPIC´s application. The Arab fund plans to increase its stake at OMV beyond 25%.
January 27, 2012
Lutz Enters Croatia
The Austrian furniture store group opens its largest center in the SEE region. Market leader Ikea follows in autumn 2012.
January 26, 2012
Sberbank: € 500m for Austrian VBI
The Russian Sberbank officially bids € 500m for VBI, the subsidiary of Austrian VBAG.
January 26, 2012
Warta Sale: VIG Unsuccessful
The sale of the Polish insurance group Warta is closed. The German Talanx takes over Warta, Vienna Insurance Group had no chance.
January 20, 2012
RHI Takes Over Swiss Stopinc AG
The Austrian producer of refractory takes over refractory specialty producer Stopinc AG. RHI thus increase the stake held from 50% to 100%.
January 18, 2012
Metro Cancels Kaufhof Sale
The Austrian real estate investor René Benko has to abandon the plan to take over the German retail chain Kaufhof.
January 17, 2012
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
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