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| Strabag purchases all shares of Raiffeisen evolution project development GmbH The Management Board of Strabag SE reports that the assignment contract related to the acquisition of all shares of Raiffeisen evolution project development GmbH was concluded. The transaction will take effect immediately following approval by the competition authorities in Austria and Hungary. A purchase price totalling € 56 million was agreed. The contract also foresees the repayment of shareholder loans in the amount of € 42 million. write your comments about the article :: © 2016 Construction News :: home page |