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Advent International and EBRD acquire Hypo Group Alpe Adria AG

Author: itom
ZAGREB, July 17 (Hina) - Global private equity investor Advent International and the European Bank for Reconstruction and Development (EBRD) have closed the acquisition of Hypo Group Alpe Adria AG (HGAA) with its Southeast Europe banking network (SEE-Network) from Heta Asset Resolution (Heta), the wind down asset of the former Hypo Alpe Adria bank owned by the Republic of Austria, Hypo Alpe-Adria Bank said in a press release.

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