VIE board advises again not to accept the IFM offer

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After the Austrian Ministry of Economics gave the go-ahead for the Australian pension fund to increase its stake in Flughafen Wien AG, the Airport Management Board again advised shareholders not to accept the offer.

As early as August 17, 2022, the management and supervisory board spoke out against the Australians' project. The core argument is that the price offered per share is too low. Now, in a statement, it is also written that this applies all the more since Flughafen Wien AG is debt-free for the first time in decades and a net result of around 2023 million euros is forecast for 150. A possible threat of withdrawal from share trading (delisting) is also not considered to be in the interest of the company.

Gangway at Vienna Airport (Photo: Robert Spohr).
Gangway at Vienna Airport (Photo: Robert Spohr).