AUSTRIA: ANTI-TRUST APPROVAL FOR MAGAZINE MERGER

Article Abstract:

Austria's Cartel Court has approved the merger of the magazines of the News group, which is controlled by Gruner + Jahr of Germany, and ZVB, a subsidiary Kurier. The group emerging from the merger will be owned 52.5% by Gruner + Jahr, 30% by ZVB and 17.5% by the Fellner foundation. Kurier, which owns the entire stock of ZVB, is owned 50.5% by the Raiffeisen group and 49.5%. WAZ. The magazines of the News group include News, Format, TV-Media and E-Media and those of ZVB Profil and Trend as well as the Orac publishing company.

Acquisitions & mergers, Periodicals, Periodical Publishers, Periodical publishing

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AUSTRIA: PIPER TO BUY GRAZ YARD

Article Abstract:

Piper of the US is to buy the repair yard at Graz airport in Austria from Austrian Airlines (AUA). The deal is part of the acquisition by the US aircraft maker of Austrian Aircraft Corporation (AAC), which is owned 51% by AUA, 26% by Bohler Uddeholm and 23% by Fischer Advanced Composite Components (FACC). The yard repairs small private aircraft.

Asset sales & divestitures, Austria, Other Support Activities for Air Transportation, Aircraft Service & Repair, Brief Article, Austrian Airlines, Fischer Advanced Composite Components, Piper Aircraft Corp.

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