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BayWa Plans Major Sell-Off Including Stake in RWA by 2025
BayWa plans to divest its shares in RWA Raiffeisen Ware Austria by 2025 as part of a strategy to sell off nearly all foreign holdings by 2027. The agricultural giant aims to raise around four billion euros to significantly reduce its debt from over five billion euros, ensuring its financial stability. RWA, a key player in the Austrian Raiffeisen goods organization, generated €3.56 billion in revenue in 2023.
BayWa plans restructuring and downsizing by 2027 amid financial challenges
BayWa plans to downsize by 2027, seeking fresh capital from shareholders to support its restructuring efforts amid significant debt exceeding €5 billion. The company aims to streamline operations, cut jobs, and sell parts of its business, while retaining its four divisions. Major shareholders, including Bayerische Raiffeisen-Beteiligungs AG and Austrian Raiffeisen Agrar Invest, are expected to contribute to a planned capital increase in 2025.
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