A group of large companies producing feed and grain traders appears on the BSE

By: Trademagazin editor Date: 2021. 10. 01. 11:20

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An agricultural, feed production and grain trading company group will appear on the Budapest Stock Exchange (BSE) after UBM Holding Plc. acquires about 100 percent of Hungary’s market-leading feed production group, UBM Trade Zrt., the company told MTI on Friday.

UBM Trade donates its shares to UBM Holding, which is already listed on the stock exchange, image: ubm.hu

They added that the value of the transaction based on independent valuation was 20.7 billion HUF, “so its size can be said to be significant on the BSE as well”. (MTI)