The Austrian Government has sold Hypo Group Alpe Adria AG to Anadi Financials/Srei Group
December 2014 — The Austrian Government has sold Hypo Group Alpe Adria AG to Anadi Financials Holdings Pte. Ltd., part of the Indian SREI Group. Financial details have not been disclosed.
Hypo Alpe-Adria-Bank International was a leading banking institution with activities in Austria, Germany, Italy, Bulgaria, Hungary and Ukraine. In December 2009, the bank was nationalized and underwent a planned program of restructuring and recovery. The nationalized bank agreed to sell Hypo Alpe Adria Bank AG, the unit which operates in the southern Austrian province of Carinthia, to Anadi Financial Holdings.
Anadi Financial Holdings is part of SREI Infrastructure Finance Limited, a leading infrastructure financing conglomerate in India offering various services in the infrastructure sector.
Our role in the transaction
Oaklins' team in Austria advised the seller in this transaction.
Talk to the deal team
Related deals
WestBridge has made a majority investment in Beckett Investment Management
WestBridge Fund Managers Limited has agreed to make a majority investment in Beckett Investment Management Group, a leading financial planning business in the east of England. The transaction is the fifth investment from WestBridge III and is subject to regulatory approval by the Financial Conduct Authority (FCA).
Learn moreMoneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn moreEducbank has been acquired by Cogna
Cogna Educação, through its subsidiary Somos Sistemas de Ensino, has acquired an additional 47% stake in Educbank for approximately US$8.9 million, increasing its ownership from 43% to 90% and consolidating control of the platform. The transaction expands Cogna’s presence beyond its traditional enrollment-driven education business into the financial infrastructure that underpins school tuition collection.
Learn more