The largest insurance firm of Austria is set to sell off nearly USD 1 billion worth of new shares to fund its Eastern European expansion.
Austria
IPO to bring in EUR821 million for Constantia Flexibles
Austrian Constantia Flexibles targeted to raise EUR821 million in its initial public offering. The packaging group would be selling 32.2 million shares in the IPO.
Immofinanz announces plan to acquire 18,000 housing units in Germany
Austrian property company said its BUWOG unit is buying 18,000 flats in Germany to increase its portfolio.
Top deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
ECB easing bets push euro zone bonds up
The European Central Bank's bets on easing euro zone rates pushed most of its government bonds up.
