BA-CA disposes its stake in Investkredit to RZB
The Bank Austria Creditanstalt Group (BA-CA Group) sells its 28.23% participation in Investkredit Bank AG to Raiffeisenzentral Bank (RZB). An appropriate contract was signed today. The amount of this transaction is approximately €250m. The sale is still subject to the approval by the banking supervision (Finanzmarktaufsicht, FMA).