Bloomberg News

Investkredit Combination With Volksbanken Not Possible in 2011

October 13, 2011

Oct. 13 (Bloomberg) -- Investkredit Bank AG said today that the planned transfer of the banking business of Oesterreichische Volksbanken AG to Investkredit Bank by way of demerger can no longer take place in 2011.

No statement can be made regarding a possible future combination of both companies, according to the statement.

Link to Statement:{NSN LT0O253PWT1D <GO>}

To contact the editor responsible for this story: Aaron Kirchfeld at akirchfeld@bloomberg.net


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