AUSTRIA: RZB TO BOOST M & A BUSINESS

Article Abstract:

Raiffeisen Investment AG (RIAG), an arm of Raiffeisen Zentralbank (RZB) that has so far concentrated mainly on east European markets, is to boost its activities on the Austrian mergers and acquisitions market. Within two years it aims to gain a market share of 25% in this field. RIAG is working on about 50 mergers and acquisitions and expects between 1,500 and 2,000 such transactions to be carried out in Austria in the next five years.

Strategy & planning, Austria, Investment Companies, Open-End Investment Funds, Raiffeisen Investment AG

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Merger Wave in the U.S. Spurs Declines in Stocks

Article Abstract:

Industry analysts said that the wave of consolidation has resulted in declining stock prices for many companies that have completed mergers. A new report from J.P. Morgan and Co. said that major U.S. merger plans, such as those involving Qwest Communication International Inc., Cincinnati Bell and H and R Block Inc., led to falling stock prices.

United States, Financial analysis, Security brokers and dealers, Reports, J.P. Morgan and Company Inc., JPM

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