Locked content Amica back in talks to buy Spanish Fagor

WSE-listed white goods producer Amica started talks with a Spanish contractor with rights to the Fagor brand, aimed at acquiring a license for this brand, the company said. Back in November, Amica submitted a €5 million offer for the Fagor brand owned by the bankrupt Spanish appliance group Edesa In...

Locked content Śnieżka owns 55.3% votes in Radomska Fabryka Farb i Lakierów

Paint producer Śnieżka received 55.3 percent voting rights in Radomska Fabryka Farb i Lakierów, Śnieżka informed. The company said that by June 28 it bought 444,997 A, B, C, and D series shares and 2.5 million E series shares placed in a private subscription. Each share gives two voting rights. Śnie...

Locked content PKN Orlen gets approval for Unipetrol squeeze out

PKN Orlen received from the Czech National Bank an approval to acquire the remaining  5.97 percent of Unipetrol shares owned by minority shareholders. The remaining 94.03 percent stake already belongs to PKN Orlen. The deal value is CZK 380 per share or about CZK 4.11 billion in total. Following the...

Locked content Elemental Holding buys 32% in Evciler Kimya

Elemental Holding signed an agreement to acquire 320 shares in its unit Evciler Kimya Madencilik ve Degerli Metaller Sanayi Ticaret Anonim Şirketi (Evciler Kimya). This equals to 32 percent of share capital. The unit is based in Ankara, Turkey. In 2014  Elemental Holding announced that two condition...

Locked content Emperia shareholders decide on delisting

Emperia shareholders decided on delisting of company shares from the Warsaw Stock Exchange as a result of the mandatory tender offer. Following the offer Maxima Grupe together with its unit Elpro Development owns 100 percent in Emperia. UOKiK approved the acquisition of control over Emperia by Maxim...

Locked content Enterprise Investors buys Studenac

Polish Enterprise Fund VIII, a private equity fund managed by Enterprise Investors (EI),  signed an agreement to buy 100 percent shares in Croatian grocery chain Studenac, EI said in a statement.  The transaction value was not disclosed. The deal requires obtaining antimonopoly approval. “During our...

Locked content Altus TFI to merge with Esaliens TFI

At the end of May investment fund Altus TFI started negotiations regarding the merger with Esaliens, the company said. Altus TFI will take over the assets of Esaliens TFI. In exchange, Esaliens TF shareholders will receive newly issued Altus TFI shares. The final merger plan will be disclosed in Jun...

Locked content Vienna Insurance Group buys Gothaer TU

Vienna Insurance Group signed an agreement to acquire 100 percent in Gothaer TU, a unit of  Gothaer Finanzholding AG. The transaction should be finalized in about 6 months after obtaining the required regulatory approvals. The price was not disclosed. “Gothaer TU S.A. will contribute PLN 620 m...

Locked content Polska Grupa Lotnicza applies to UOKiK to buy PLL LOT

Polska Grupa Lotnicza filed an application to UOKiK to acquire control over Polskie Linie Lotnicze (PLL) LOT, LOT Aircraft Maintenance Services and LS Airport Services. Polska Grupa Lotnicza is a State Treasury company established to consolidate selected State Treasury assets on the aviation market....

Locked content AmRest to buy 15 KFC restaurants in France

WSE-listed restaurant operator AmRest signed a preliminary agreement with KFC France for the purchase of 15 KFC restaurants. The purchase price will depend on due diligence procedures that will be carried out by AmRest. The deal is expected to be finalized by September 30. “AmRest sees great p...