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Polish Maspex seeks controlling stake in Bucharest Exchange-listed Purcari Wineries
Polish group Maspex initiated procedures for a voluntary takeover bid in an attempt to acquire a controlling stake in Bucharest Exchange-listed Purcari Wineries (BVB: WINE) at a price of RON 21 per share that puts the company's value at…
iulian ernst · Journalist
· Updated · 2 min read
Polish group Maspex initiated procedures for a voluntary takeover bid in an attempt to acquire a controlling stake in Bucharest Exchange-listed Purcari Wineries (BVB: WINE) at a price of RON 21 per share that puts the company's value at EUR 168 million, according to a note to investors issued on May 21.
The bid was also notified to the financial supervisory authority (ASF) for approval. Maspex Romania currently controls less than 5% of WINE.
