VIENNA, Oct 24 (Reuters) - Austria's BAWAG BAWG.VI , the former trade union bank bought by U.S. private equity firm Cerberus Capital Management CBS.UL , said on Tuesday it had set the price for its stock market listing at 48 euros per share.
The selling shareholders will raise approximately 1.93 billion euros ($2.27 billion), the lender said in a statement.
BAWAG shares will start trading on the Vienna Stock Exchange on Wednesday. ($1 = 0.8504 euros)