Heineken International B.V. announced a tender offer for 682,823 shares of Żywiec Group for PLN 486.12 apiece, according to intermediary Santander Brokerage. Heineken wants to achieve a 100% stake in the Zywiec Group and delist the company's shares from the WSE.
Subscriptions will be accepted from November 16 to December 15 this year. The expected transaction date for buying the shares on the WSE after the subscription ends is December 20 this year.
Source: ISB News