Grajewo to raise PLN 1 billion and acquire parent company

The shareholders of WSE-listed wood manufacturer Grajewo agreed to set a share issue in order to raise around PLN1 billion and acquire the company’s German parental firm, Pfleiderer Service GmbH, Reuters reported. Polish Grajewo wants to purchase all of Pfleiderer’s shares from its current owner, investment fund Atlantik.  Grajewo will issue up to 40 million…

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