AvW Invest raises holding in fund company C-Quadrat to over 25 pct
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Tue, 08 Jan 2008 08:39
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VIENNA (Thomson Financial) - Austrian investment group AvW Gruppe AG said it has increased its interest in the fund company C-Quadrat to over 25 per cent in the past several days.'We thus were able to acquire a blocking minority, which was our primary goal,' said AvW Invest chief executive Wolfgang Auer von Welsbach.'It is, however, our ultimate goal to bring C-Quadrat to the Vienna Stock Exchange', Auer von Welsbach added.Listed on the Prime Standard of the Frankfurt Stock Exchange since Nov, 2006, C-Quadrat currently has over 5 bln eur of assets under management.fiona.flanagan@thomson.comff/jlcCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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