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Brief: Strabag - Termination Of Purchase Agreement For Parts Of Vamed Group, Continuation Of Negotiations On Acquisition Of AKH Operating Company

Oct 10 - Austrian construction company Strabag STRV.VI said it was terminating a purchase agreement with Germany's Fresenius FREG.DE for parts of VAMED group on Friday, saying that implementation could not proceed as planned.

Austria's Porr ABGV.VI, another construction company, will now acquire the entire Austrian project development business of VAMED Standortentwicklung und Engineering GmbH as well as Austrian thermal spa holdings separately.

The deal was originally concluded by a joint holding company between Strabag and Porr.

Strabag said it would continue separate negotiations to acquire the AKH operating company, which manages Vienna General Hospital's facilities and construction projects, from Fresenius subsidiary VIACAMA.

 (Reporting by Bernadette Hogg
Editing by Ludwig Burger)

 ((bernadette.hogg@thomsonreuters.com))

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