WEKA Group Sells Austrian Division, Aumovio Set for IPO
The WEKA Group has announced the sale of its Austrian division, WEKA Austria. The law firm LARK has been appointed to oversee this transaction, marking another significant deal in the region.
The sale of WEKA Austria comes amidst a flurry of activity in the European market. Numerous law firms, including Hengeler, Latham, Wolf Theiss, and Willkie, have been involved in advising on various high-profile deals.
Meanwhile, in automotive news, auto supplier Aumovio has revealed plans to go public. With a workforce of 86,000 employees, this initial public offering (IPO) is set to be a significant event in the industry.
The sale of WEKA Austria, facilitated by LARK, signals a new chapter for the company. Simultaneously, Aumovio's upcoming IPO demonstrates the growing confidence in the automotive sector's future.
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