Split-Off of UniCredit's CEE Unit from Bank Austria is Nearing

Published: May 6, 2016; 16:33 · (FriedlNews)

The split-off of eastern European bank business from UniCredit subsidiary Bank Austria, and its transition to Milan, is nearing. Bank Austria’s management board already agreed to the step; now an auditor has to evaluate the measure and then the supervisory board is to decide. The plan is to be filed with the court in June.

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