RBI cancels transaction over STRABAG shares, MKAO “Rasperia Trading Limited” remains shareholder of STRABAG SE
- Following Raiffeisen Bank International AG’s decision not to proceed with the acquisition of STRABAG shares, MKAO “Rasperia Trading Limited” remains a shareholder of STRABAG SE
- STRABAG shares held by Rasperia remain frozen
STRABAG SE has learnt from a recently published ad-hoc disclosure published by
Raiffeisenbank International AG (RBI) that the latter has decided not to pursue the acquisition of
STRABAG shares from MKAO “Rasperia Trading Limited” (Rasperia). According to the announcement, RBI was unable to obtain the “required comfort” from the relevant authorities in order to proceed with the planned transaction.
Rasperia thus remains a shareholder of
STRABAG SE. The company is no longer controlled by
Oleg Deripaska but by Iliadis JSC (Iliadis), according to a major holdings notification from
March 2024.
STRABAG is currently unable to assess whether RBI’s decision will affect the completion of the transaction in
Russia announced by Iliadis.
As already announced on
27 March 2024,
STRABAG continues to assume that the 24.1% share of
STRABAG SE held by Rasperia remains frozen in accordance with the EU Sanctions Regulation.