Konzum and Opus will hold investor presentation events in Frankfurt, Stockholm, London, Helsinki and Tallinn.
According to the presentation, the merger of the two holding companies will establish “the fifth largest public company in Hungary, with a market cap of around EUR 1.2 billion.” The combined holding will control investments in industry, agriculture, energy, tourism, and real estate.
Konzum and Opus announced their planned merger in October. The first shareholdersʼ meeting to discuss the merger will take place on December 3, and the transaction could be approved at another meeting on March 29, 2019.
Both holding concerns are controlled by billionaire investor Lőrinc Mészáros, a close ally of Prime Minister Viktor Orbán.
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