Confirming a report in SAZ, a spokesperson for Bawag says the Austrian bank sold its last remaining stake in Atomic to Amer Sports last January, but declined to specify the terms of the transaction. Amer first took over a 90 percent stake in Atomic in 1994 from the bank, and then bought an additional share of 5 percent. Bawag had led Atomic into bankruptcy proceedings. The former president and founder of Atomic, Alois Rohrmoser, tried to prove the fallacy of the proceedings until his death in 2005 at the age of 72 years.

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