Denis Barekov
Bulgaria's Troubled Corpbank No Longer A Bidder for Hypo Alpe Adria
Advent International and a Bulgarian-Russian consortium headed by businessman Denis Barekov are reportedly the key bidders for nationalized Austrian bank Hypo Alpe Adria.
The bank, which Austria nationalized in 2009 to prevent its collapse, is to sell its Balkan network by mid-2015 at the behest of the EU Commission.
Bulgarian, Russian Businessmen 'Eyeing Hypo Alde Adria'
A US private equity fund, a Russian millionaire and a Bulgarian entrepreneur are showing their interest in Hypo Alpe Adria bank's subsidiaries, an Austrian daily argues.
Hypo Alpe Adria is to sell its branches across Southeast Europe, namely in Serbia, Slovenia, Montenegro, Croatia and Bosnia-Herzegovina, the countries where it is present.