Bank Austria Creditanstalt (BA-CA), a member of UniCredit Group, has signed an agreement to acquire the institutional business of Aton Capital Group, a Russian Investment Bank, which includes ZAO Aton Broker and Aton International Ltd (together the the Aton Institutional Business) for a purchase price of USD424 million.
“We are excited to welcome Aton to UniCredit Group’s Markets & Investment Banking Division,” says Willi Hemetsberger, the Head of Global Markets of UniCredit Markets & Investment Banking. “Aton’s capital markets franchise will enhance our already strong banking presence in Russia. Together with IMB we have now a powerful platform to serve our global and Russian customers. With Aton we increase our leadership in EEMEA investment banking.”
“I believe that being part of the UniCredit Group will enhance the growth and development of the Aton Institutional Business and provide greater opportunities for its clients,” adds Yevgeny Yuriev, the President of Aton Capital Group.
Aton Capital is among the top 5 investment banks in Russia. The company, which has so far been owned by its founders and management, has 275 employees. Aton, currently operates in Moscow, London, New York, Frankfurt and Cyprus and is active in Equity and Fixed Income and Corporate Finance Advisory.