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Bank Austria shareholders vote on HypoVereinsbank merger

Bank Austria shareholders will today vote on whether to merge with HypoVereinsbank.

The €7.8bn ($7.1bn) deal was announced by the two banks on July 22, but the Austrian takeover commission intervened. The commission claimed that HypoVereinsbank, which made a share offer for Bank Austria, should have made an alternative cash offer.

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