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Airbus Group to acquire Salzburg München Bank, establish company bank

Toulouse, France - The industry aims to close the deal as early as possible in 2014, subject to receiving all necessary regulatory approvals

Airbus Group has entered into a Share Purchase Agreement with Raiffeisenverband Salzburg to acquire Salzburg München Bank AG, in order to provide additional financing options for the aeronautics and defence company. Salzburg München Bank, owned 100% by Raiffeisenverband Salzburg, is a small fully-licensed bank based in Munich serving small and medium enterprises (SMEs) and private clients. After c...

fra/pec - 1158370
Rome, Italy, 02/14/2014 11:48
AVIONEWS - World Aeronautical Press Agency

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