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Austrian property groups Immofinanz and S Immo abandon merger plan

The logo of Austrian real estate group Immofinanz is pictured on top of the company's
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VIENNA (Reuters) - Austrian property groups Immofinanz and its smaller rival S Immo have abandoned their plan to merge, they said on Tuesday, leaving their crowded market's future uncertain after another planned merger by Immofinanz fell through.Austria has three listed property companies: Immofinanz, S Immo and CA Immo . Last year Immofinanz's planned merger with CA Immo fell through..
Date Published: Nov 26, 2019
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