Tenendo un occhio verso est...
Raiffeisen Shares Go Negative on Share Sale Revival: Vienna Move
February 15, 2012, 6:55 AM EST
Feb. 8 (Bloomberg) -- Raiffeisen Bank International AG’s stock fell in Vienna on the news that eastern Europe’s third- biggest lender is revisiting plans for a rights offering after abandoning preparations for a sale last year.
Shares fell 3.5 percent to 27.99 euros at 3:29 p.m. in the Austrian capital, erasing earlier gains of as much as 5.2 percent.
Raiffeisen has discussed a possible offering with banks, and has yet to decide whether to proceed, according to four people with knowledge of the talks, who declined to be identified because the considerations are private. The lender may seek as much as 1 billion euros ($1.3 billion), two of the people said. Raiffeisen won’t start the sale before it publishes full-year results next month, another person said.