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Upstream merger squeeze-out of Strabag approved

Ilbau Liegenschaftsverwaltung AG, Hoppegarten, a subsidiary of Vienna Stock Exchange-listed construction group Strabag SE, has intended for some time to increase its stake in Strabag AG, Cologne, to 100 %. The plan is to merge Strabag AG into Ilbau and to acquire the 6.37 % free float share of Strab[…]