Immofinanz sells 4.5 million Buwog shares for €97 million

Immofinanz AG announces the placement of approx. 4.5 million ordinary shares in Buwog AG. The Placing Shares represent approximately 4.5% of the company’s issued share capital. The transaction generated total net proceeds to Immofinanz of approximately €97.4 million. The transaction is expected to settle on 6 February, 2017. Following settlement…