Penta to acquire Pápai Hús

The Slovak firm was the only company to submit a bid for Pápai Hús, whose published asking price is Ft 5 billion.

The liquidator Vectigalis has begun
negotiations with Slovak private-equity firm Penta, which had bid for
Pápai Hús, altough the Slovak company’s offer was at
first unacceptable. Vectigalis and Penta could, however, reach a
compromise regarding the purchase price for Pápai Hús
at their impending talks. Meat-sector specialists consider the Ft 5
billion asking price for Pápai Hús to be too high, the
newspaper wrote.