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KM Financial Solutions | UPDATE 1-Austria’s Immofinanz ditches planned merger with rival CA Immo
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UPDATE 1-Austria’s Immofinanz ditches planned merger with rival CA Immo

27 Feb UPDATE 1-Austria’s Immofinanz ditches planned merger with rival CA Immo

Posted at 18:05h in News by
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VIENNA, Feb 28 (Reuters) – Property firm Immofinanz
effectively abandoned its planned merger with CA Immo
on Wednesday following pressure from an activist
investor, saying it is now considering selling its 26 percent
stake in its Austrian rival.

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