VIENNA, Feb 25 (Reuters) - Management at RZB and Raiffeisen International aim for core shareholder approval by March 22 to merge and seek to complete the deal in September, an internal memo obtained by Reuters shows.
The memo, marked 'confidential' and dated Feb. 24, was presented by RZB Chief Executive Walter Rothensteiner and Raiffeisen boss Herbert Stepic to key stakeholders following the groups' surprise disclosure on Monday it considered a merger.
RZB declined to comment on the information in the memo.
(Reporting by Eva Komarek and Boris Groendahl) Keywords: RAIFFEISEN/ (boris.groendahl@reuters.com; +43 1 53112-258; Reuters Messaging: boris.groendahl.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The memo, marked 'confidential' and dated Feb. 24, was presented by RZB Chief Executive Walter Rothensteiner and Raiffeisen boss Herbert Stepic to key stakeholders following the groups' surprise disclosure on Monday it considered a merger.
RZB declined to comment on the information in the memo.
(Reporting by Eva Komarek and Boris Groendahl) Keywords: RAIFFEISEN/ (boris.groendahl@reuters.com; +43 1 53112-258; Reuters Messaging: boris.groendahl.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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