BRIEF-Finland's Solidium buys 3 pct stake in Konecranes
* Finnish state-owned investment fund Solidium says it has acquired 3 per cent of shares in Konecranes for 93 million euros
VIENNA Aug 7 Austrian property group Immofinanz has sold the majority of its residential portfolio in the province of Upper Austria, it said on Wednesday.
Immofinanz, which is selling Austrian assets and buying German property in preparation for a listing of its Buwog unit, declined to give a price for the sale of the properties to Linz-based building company WAG but said it was above book value.
Managing Director Alexander Hoff said the step would help Immofinanz strengthen its positions in Vienna and northern Germany including Berlin, the core markets for Buwog.
"We are therefore continuing to systematically implement our IPO-related strategy and will invest the funds we generate from these sales in these two core markets," he said in a statement. (Reporting by Georgina Prodhan; editing by Jane Baird)
DUBAI, May 24 Kuwait's Agility, one of the largest Gulf logistics companies, has settled a criminal case involving United States government food-supply contracts that the company held from 2003 to 2010, it said on Wednesday.
* Says Allianz and Capital One are investing tax equity in the recently completed Broadview wind farm