Ulma set to acquire Bauma from Enterprise Investors

Ulma has already submitted an offer to Enterprise Investors and Bauma's top management who control an 80% stake in the company. The offer was accepted and Ulma is to announce a call to purchase all remaining stock at EUR 1.96 per share. Bauma's management however disclosed that there is a potential risk that the transaction might not be completed, as the investor has to acquire appropriate permits from the Securities and Stock Exchange Commission and the Competition and Consumer Protection Office. It is also possible that Ulma, after acquiring the company, might decide to withdraw its new acquisition from the Warsaw Stock Exchange. (Parkiet, p. 1) A.K.