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
Energy efficiency investments and climate protection measures are becoming impossible
Further amendments are needed to the energy efficiency law before…
Read more >Tesco’s new 100,000 square meter logistics center in Hungary has been opened
On November 27, CTP Hungary ceremoniously handed over Tesco Global…
Read more >Another full house building in the HelloParks Fót megapark
HelloParks has successfully closed its leasing transactions of the past…
Read more >Related news
Co-op uses AI to fight GBP 40m losses in the UK
British supermarket chain Co-op is using AI technology to detect…
Read more >Plant-based brands risk losing consumer interest, says Flora exec
Flora Food Group marketing director Ian Hepburn has warned that…
Read more >Albertsons Terminates Merger With Kroger
Albertsons has terminated its $25-billion (€23.7 billion) merger agreement with Kroger after…
Read more >