Hypo leasing maybe affected post sale The leasing operation of Hypo Group Alpe Adria is likely to feel the impact of the recent buyout by Bayern LB of a majority stake in the Austrian bank
The leasing operation of Hypo Group Alpe Adria is likely to feel
the impact of the recent buyout by Bayern LB of a majority stake in
the Austrian bank.
Although Hypo could not be reached for comment, local media
reports suggest that Hypo’s leasing business, which is spread
across some 350 branches in 12 countries, will be subject to a
review.
Bayern LB, the German public sector bank, bought a 51 per cent
stake in Hypo for €1.63bn from the Austrian state of Carinthia.
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