HVB Group AG now expects legal opposition from minority shareholders of Vereins- und Westbank (VuW) to delay its 25 eur-per-share squeeze-out attempt until early next year, a spokesman for HVB told Die Welt newspaper.
HVB previously said it hopes to fully integrate VuW, in which it already owns a stake of over 95 pct, once it has obtained the rest of the shares in the company.
www.efreeman.co.uk
Source: Freeman
