Newswire
VIENNA, Dec 5 (Reuters) - The foundation that is Austrian lender Erste Group Bank's biggest shareholder has cut its stake to 21.7 percent from 23.6 percent by selling 8.5 million shares to institutional investors in a private placement, it said. The Erste oesterreichische Spar-Casse Privatstiftung foundation said it sold the shares on Thursday to cut debt. It did not give a price for the placement, which at current prices would be worth around 210 million euros ($285 ...
REGISTER NOW
To access this content simply register below now.
Registering is easy and allows you to:
- Access all WardsAuto.com public content and newswire stories
- Participate in forums
- Comment on articles
- Sign up for e-newsletters
-
And much more!
