Austria: Bawag to Go Public?

People ♦ Published: April 23, 2014; 10:50 ♦ (Vindobona)

Bawag PSK is likely to go public, as reported by Bloomberg.

The decision about Bawag's future has not been made yet. / Picture: © BAWAG

According to information by US-based business news agency Bloomberg, the owners of Bawag PSK, US funds Cerberus and Golden Tree, are looking for an opting-out seven years after the financial instute was taken over by Cerberus.

Bawag PSK is holding talks with advising banks with regard to the possibility of going public, Bloomberg writes with reference to informed circles.…