There is a delay when buying the core activity of the hospital operator and care provider of the Strabag and Porr construction groups. The negotiations are continued, the acting parties cannot call a time frame.
How long this should take, did not come from Strabag and Porr on Tuesday afternoon. “No comments,” said a Porr spokeswoman on request for the duration of the delay. A spokeswoman for Strabag also only referred to the necessary further discussions.
In fact, 90 million euros were taken over last May. It is about shares in various thermal baths in Austria (such as Vienna, Geinberg, St. Martins), the technical management of the General Hospital Vienna (AKH Vienna) and the Austrian Vamed Project Business.
Permits are missing for completion
“After the deadline, complementary negotiation of the transaction to the acquisition of parts of the VAMED Group enforcement conditions of the purchase contract was not met by the contractually agreed time,” Strabag wrote in its shipment. “In particular, the approval of the competent competition authority has not yet been given. The Strabag Porr Consortium has therefore taken over additional negotiations with the seller with regard to the purchase contract.
The purchase contract comprises Vamed-KMB Hospital Management and Betriebsführges.MbH (VKMB) and Vamed Local Development and Engineering GMBH (VSG) with the business areas of the AKH Vienna Technical Management and Construction Projects of the AKH Vienna, the Austrian project development.
Source: Krone
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