The IPO of Raiffeisen International Bank-Holding in late April was 22 times oversubscribed and was expected to be the biggest in the history of the Vienna Stock Exchange. The deal, valued at €968.5m, attracted record high demand from investors worldwide.
“Our growth strategy has experienced enormous resonance with major orders coming in from Europe, the US and Asia,” says Herbert Stepic, Raiffeisen’s CEO. With 72% of the common stock, Raiffeisen Zentralbank Österreich remains majority shareholder.
