15
Sat, Aug
65 New Articles

FWP Advises on Waagner Biro Bridge Systems Takeover

FWP Advises on Waagner Biro Bridge Systems Takeover

Austria
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Fellner Wratzfeld & Partner has advised a syndicate of banks consisting of Erste Bank der oesterreichischen Sparkassen AG, Raiffeisenlandesbank Oberosterreich AG, Raiffeisen Bank International AG, and UniCredit Bank Austria on financing and a consequent takeover of Waagner Biro Bridge Systems AG by a group of investors.

According to FWP, this constitutes a major contribution towards saving Waagner-Biro Bridge System AG from insolvency, as the agreement helped secure the company’s takeover by its new owner.

FWP did not reply to our inquiry about the deal.