Bloomberg News

Wiener Privatbank Buys 75% in Matejka Asset From Pecik

June 06, 2012

Wiener Privatbank SE (WPB) agreed to take a 75 percent stake in Matejka & Partner Asset Management GmbH from Themis Privatstiftung.

The remaining 25 percent are held by founder and managing director Wolfgang Matejka, the bank said in a statement today. The parties agreed not to disclose the purchase price.

Themis was founded by Ronny Pecik senior’s RPR Privatstiftung and his sonRonny Pecik junior is the foundation’s beneficiary, Wolfgang Matejka said in an e-mail.

Wiener Privatbank has been expanding its corporate and private banking business since hiring Eduard Berger, the former head of the Vienna office of Credit Agricole SA’s CA Cheuvreux brokerage, last year. After the closing of Wiener Privatbank’s acquisition, which is expected for the third quarter, Alfred Reisenberger, who joined the bank together with Berger, will join the asset management company’s board.

Pecik senior, supported by Egyptian billionaire Naguib Sawiris, has spent about 1 billion euros ($1.26 billion) to build a 20 percent stake in Telekom Austria AG (TKA) since the autumn of last year.

Format magazine reported on June 1 that Pecik is paying about 9 million euros in interest charges a quarter to the creditors that helped him finance the stake. He has a 3 million- euro payment due on June 30 and may have received money from Russian billionaire Elena Baturina to stabilize his stake, Format said. News magazine reported yesterday that Pecik may sell his stake to Carlos Slim.

Pecik didn’t return calls seeking comment.

To contact the reporter on this story: Zoe Schneeweiss in Vienna at zschneeweiss@bloomberg.net

To contact the editor responsible for this story: Boris Groendahl at bgroendahl@bloomberg.net


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