Serbia extends deadline for TA

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Business

Telekom Austria AG (TA) has been given more time to improve its offer to take over a leading Serbian mobile services firm.The Serbian government – which holds 80 per cent in Telekom Srbija – said yesterday (Tues) it decided to give TA the chance to increase their takeover bid until 3 May.The Viennese telecommunications provider […]

TA rebuffed by Serbia

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Business

All eyes are on Telekom Austria (TA) after the Serbian government rejected a first takeover offer.TA announced last week it was ready to transfer “between 800 million and 950 million Euros” for a 51 per cent stake in Serbian telecommunications provider Telekom Srbija. No other firm handed in an official offer after rivals from France, […]

Lugner snubs Clooney offer

Categories
Culture

Austrian women are stunned over news that Richard Lugner rejected an offer to attend the Viennese State Opera Ball with Hollywood superstar George Clooney.The veteran playboy revealed today (Thurs) he was approached by an agency with an offer to get the “Ocean’s Eleven” actor to the bash set to take place on 3 March.Asked why […]

Greek still keen on HGAA

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Business

A Greek businessman is offering more than one billion Euros for ailing Hypo Group Alpe Adria (HGAA), it has emerged.Gernot Pointner, a spokesman for Vasileios Xeniadis, announced today (Fri) the investor was ready to cough up 1.35 billion Euros “immediately” if the Austrian government met him for talks.HGAA had to be nationalised last year following […]

Klausner to sell sawmills to Russian rivals, reports say

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Business

Struggling wood-processing firm Klausner is considering selling off its factories in Germany to a Russian rival, according to reports.Austrian newspapers report today (Weds) that the Tyrolean company, which is headquartered in Oberndorf, received an offer of 12 million Euros for its two sawmills in Landsberg am Lech and Wismar from competitor Ilim Timber Industry.Company bosses […]