Goldman Sachs has won its second Austrian mandate this year, after being awarded a lead role on the €500m ($605m) initial public offering of Austria's postal service, Österreichische Post, with Austrian banks Erste Bank and Raiffeisen Centrobank.

Österreichische Industrieholding, the Austrian state holding company, announced its intention to float up to 49% of the state-owned company yesterday, after a meeting of the supervisory board.