Hochtief AG, Germany’s biggest builder, has hired BNP Paribas SA and Macquarie Group Ltd. to explore options for two of its property-development units, according to two people with knowledge of the matter.
Bilfinger Berger SE , Germany’s second-largest construction company, may hire former Hesse state premier Roland Koch to succeed Chief Executive Officer Herbert Bodner , Handelsblatt reported today, citing unidentified politicians.
Roland Koch, prime minister of the western German state of Hesse, will step down from his office on Aug. 31, he told reporters today in the state capital Wiesbaden. Koch has been state premier for over 11 years.
Roland Koch, chief executive officer of Bilfinger Berger SE, may earn 2.1 million euros ($2.8 million) this year, adding 500 million euros to his 2011 paycheck, Wirtschaftswoche reported, citing the builder.