Famur shareholder to sell 15% stake

TDJ, the majority shareholder of WSE-listed mining machinery producer Famur, launched an accelerated book building process to sell up to 72.97 million shares (15 percent stake) of the company. The proceeds from the sale will be used to purchase the same amount of new shares issued in the process of increasing Famur's stock capital. The company added that it concluded a roadshow during which it met with over 80 potential institutional investors.