Announced
Synopsis
BAWAG, a publicly listed holding company headquartered in Vienna, Austria, agreed to acquire DEPFA BANK, an Irish bank, from the German Financial Market Stabilisation Fund-backed FMS Wertmanagement, the German Federal government's winding-up institution. Financial terms were not disclosed. “It was the interplay of efficiency improvements at DEPFA as well as some highly complex financial transactions between FMS-WM, DEPFA and third parties. The bottom line is that the sale marks what is a successful conclusion to the winding-up of DEPFA, also from the perspective of the German taxpayer,” Christoph Müller, FMS-WM Spokesman of the Executive Board.
Principals
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.