Hungarian Danubius Hotel Chain Buyout Successful
- 14 Aug 2015 9:00 AM
CP Holding and its partners, Interag and Israel Tractors and Equipment acquired 1.1 million shares, or 13.4% of the total through the offer, which closed on August 11, raising their total holdings to 98.2%.
Shareholders received an Ft 8,000 per share offer, a 48-50% premium on the market value.
Source: Hungary Around the Clock
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