Service Divisions

Equity investment and capital market business were once again the focus of the Legal and Tax unit's activities in 2006. As far as the capital market business is concerned, support was provided for a large number of German and foreign IPOs, takeovers and squeeze-outs.

Group-wide preparations for the implementation of the Markets in Financial Instruments Directive (MiFID), and the conversion of the Austrian branch into an independent subsidiary were particular focal points.