LOOSE CHANGE

LOOSE CHANGE

The European Union's anti-trust committee approved Bank Austria's bid for Creditanstalt Bankverein last week, confirms an official in Vienna. In January, Bank Austria successfully bid $1.55 billion for a 70 per cent stake in Creditanstalt, but the EU was brought in to investigate anti-trust complaints (FXW, January 20). Bank Austria has agreed to reduce certain other holdings to appease anti-competitive concerns. The merger is expected to take place in January 1998.

At a seminar last week

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: