Genossenschaftliche FinanzGruppe expands its stake in SCHUFA

Volksbanken Raiffeisenbanken, together with their existing shareholders, were able to increase their shareholding in SCHUFA from 20.5 percent to currently 27.2 percent by exercising pre-emptive rights


Raiffeisenbanken Cooperative Financial Network announces that the acquisition process for the SCHUFA shareholding structure has now entered a decisive phase. Together with its existing shareholders, it was able to increase its stake in SCHUFA from 20.5 percent to the current 27.2 percent by exercising pre-acquisition rights. Following transactions with three companies or institutions, the cooperative TeamBank AG remains SCHUFA's largest single shareholder with a stake of 18.9 percent (previously 17.9 percent). Further information is available here.