S Immo Investor Pecik Is Said to Purchase 11% Immofinanz Stake.

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    • Abstract:
      (Bloomberg) -- Ronny Pecik, a key shareholder of Austrian landlord S Immo AG, has bought about 11% of cross-town rival Immofinanz AG, according to a person familiar with the deal, giving him additional influence to push for a possible merger of the two property firms. Those plans could be rekindled as Pecik and S Immo now own 23% of Immofinanz together, giving them significant voting power at Immofinanz's general meeting. [Extracted from the article]
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