Asseco finalizes Macrologic takeover

WSE-listed IT group Asseco acquired 1.67 million shares in Macrologic, representing an 88.3 percent stake, completing a tender. The price was set at PLN 59 apiece. Together with the 8.44 percent stake held by Macrologic, Asseco now controls a 96.73 percent stake in the company. Macrologic specializes in ERP systems and BI analysis, it had PLN 7.1 million net profit last year.