| 18.12.2009 - Austria’s top developers to vote on merger next month |
| From Bloomberg: Immoeast AG and Immofinanz AG, Austria’s largest property developers, said shareholders will vote next month on a plan for the companies to merge. If approved, the transaction will proceed in February, Eduard Zehetner, chief executive officer of both companies, said at a briefing in Vienna today. The all-share merger would give Immoeast’s minority investors 54.4 percent of the enlarged company, he said......................................Full Article: Source |