A Dutch unit of British building materials firm Tarmac has acquired
Deutsche Bank Research initiated coverage of systems integrator Softbank with a "buy" and set the stock's target price at zl. 176 per share, Deutsche said. "Softbank should be valued at the top end of domestic IT stocks due to its leading position in the banking sector, strong management and growth prospects," the bank said. Softbank shares traded at zl. 138 in the single price auction system last Tuesday.
Dutch pharmacists cooperative OPG Group announced a public bid for 1.69 million shares in drug distributor Orfe at zl. 50 per share, the broker involved in the tender said. The ING Barings brokerage in Warsaw said the tender opens on July 26 and ends on August 16. The Warsaw Stock Exchange (WSE) suspended trade in Orfe shares following the public tender offer. Last week OPG Group bought a majority stake in Malta-based Orphe Holdings, which has 74.4% of votes in the Polish-based firm, and thus gained control of Orfe. Orfe shares traded at zl. 47.2 in the single price auction system on Friday.
Dutch pharmacists cooperative OPG Group announced a public bid for 1.69 million shares in drug distributor Orfe at zl. 50 per share, the broker involved in the tender said. The ING Barings brokerage in Warsaw said the tender opens on July 26 and ends on August 16. The Warsaw Stock Exchange (WSE) suspended trade in Orfe shares following the public tender offer. Last week OPG Group bought a majority stake in Malta-based Orphe Holdings, which has 74.4% of votes in the Polish-based firm, and thus gained control of Orfe. Orfe shares traded at zl. 47.2 in the single price auction system on Friday.
