Agreement concluded with Raiffeisen-Uniqa on purchase of all shares of Raiffeisen evolution project development GmbH
2 December 2016
- Status change regarding disclosure from 16 September 2016
The Management Board of STRABAG SE reports that the assignment contract related to the acquisition of all shares of Raiffeisen evolution project development GmbH was concluded today. The transaction will take effect immediately following approval by the competition authorities in Austria and Hungary.
A purchase price totalling € 56 million was agreed. The contract also foresees the repayment of shareholder loans in the amount of € 42 million.