HypoVereinsbank to take over Bank Austria
Article Abstract:
The supervisory boards of both banks have approved the takeover of Bank Austria, that country's largest bank, by HypoVereinsbank, the No. 2 bank in Germany. Observers expect that shareholders of Bank Austria will not block the acquisition in a meeting planned for September, even though there will be some resistance to the bank's loss of independence.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Hypovereinsbank advances in talks with Bank Austria
Article Abstract:
Hypovereinsbank of Germany and Bank Austria are engaged in merger negotiations. The merger of these two banks , the second largest in Germany and the largest in Austria, would create an institution with assets of almost 700 billion euros.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Hypo-Veriensbank, Bank Austria Air merger timeline
Article Abstract:
Bank Austria AG and Hypo-Vereinsbank AG want to fully integrate the majority of their subsidiaries and business units by mid-2001 and finalize their merger by 2003.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
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