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Herbst Kinsky Advises Raffeisen and UNIQA on Sale of Shares in STRABAG

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Herbst Kinsky has advised the Raiffeisen Holding Group and the UNIQA Group on the sale of 25 percent and one share shares in STRABAG SE to Rasperia Trading Ltd.

According to Herbst Kinsky, “based on a shareholder agreement between Rasperia, the Haselsteiner family and the Raiffeisen Holding/UNIQA Group in 2010, Rasperia exercised a call option to purchase 6,377,144 STRABAG shares from the other shareholders at a price of EUR 19.25 per share."

STRABAG is a Vienna-based technology group for construction services across Europe. Rasperia, an industrial holding of the Russian Basic Element group controlled by Oleg Deripaska, previously held 19.4 percent in STRABAG.

Herbst Kinsky’s team was led by Philipp Kinsky.