BDPST’s share in Waberer’s Nyrt. increases to almost 50 percent
With the purchase of shares, the BDPST Group’s stake in Waberer’s International Nyrt. increases to 49.64 percent – reads the issuer’s information published on the website of the Budapest Stock Exchange (BÉT) on Tuesday.
Based on the purchase agreement, Merkport Zrt., which is 95 percent owned by BDPST Group, can purchase 22.88 percent of Waberer’s shares in HIGH YIELD Vagyonkezelő Zrt., owned by György Wáberer. With this, the BDPST Group further increases its influence in the logistics company, and the former head of Waberer’s, György Wáberer, divests himself of his entire share in Waberer’s International.
The share package consists of 4,048,476 ordinary shares, each worth EUR 0.35 (approximately HUF 135).
The agreement enters into force after obtaining the regulatory permits, so the transaction can only be concluded after the approval of the Hungarian National Bank and the Economic Competition Authority.
Related news
New year, new and old challenges in logistics: The sector could feel like it’s on a roller coaster in 2025
There have been a significant number of economic trials in…
Read more >Waberer’s becomes the majority owner of GYSEV Cargo Zrt.
Waberer’s International Plc. is acquiring a 70 percent stake in…
Read more >AutoWallis Group strengthens in the Czech Republic with new brands
AutoWallis Group is further expanding its activities in the Czech…
Read more >Related news
Carrefour Exits Oman, Expands Delivery In Spain, Launches New Loyalty Programme In France
After nearly three decades of operation in Oman, French retailer…
Read more >Amazon: ‘Climate Pledge Friendly-label boosts sales’
Ecommerce giant Amazon has released a study indicating that joining…
Read more >AB InBev forms energy-drinks “partnership” with 1st Phorm
The companies will work together to launch a new energy…
Read more >