Strabag Plummets After CEO Says Company May Delist: Vienna Mover
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Strabag SE fell to the lowest level in almost two years after Chief Executive Officer Hans-Peter Haselsteiner said that central Europe’s biggest construction company may delist in 2014.
Shares declined 1.7 percent to 17.2 euros at the 5:30 p.m. close of trading in Vienna, the lowest close since September 2010 and the biggest retreat since Aug. 21.