Provimi makes second call for Rolimpex shares

The market price for animal feed and agricultural supplies company Rolimpex should continue to rise said company president Andrzej Budziński. However the international concern Provimi, which wants to take over the company at a low price, does not seem to have taken this fact into account and will soon issue another call to Rolimpex to sell its shares, having decided to buy the whole company two years after purchasing the first tranche. The first call was unsuccessful since Provimi managed to buy only 2.7 million of 11.5 million shares, with which the investor's stake rose to 56%. "I would not call this undertaking fruitless. This is just the beginning of the process, the aim of which is to buy 100% of Rolimpex. Hardly ever does an investor buy everything he wants to," claimed Budziński. Provimi will be forced, by the fact that they crossed the 50% threshold, to call for another sale of shares. Provimi offered zł. 5 per share, however analysts believe that the investor should offer a higher price. (Puls Biznesu, p. 8) A.C.