ADVERTISEMENT

EDF makes Démász buyout offer

In Hungary

EDF International S.A., the majority owner of Hungarian electricity distributor Démász Nyrt, announced a public offer for all outstanding shares at a price of Ft 20,000 per share.

EDF published its offer on the website of the Budapest Stock Exchange (BÉT) on Monday morning.
Trading in Démász shares has been suspended since August 23 at the request of the issuer. The last closing price of Démász was Ft 17,300. EDF currently owns 60.91% of Démász shares.

ADVERTISEMENT

Pressure increasing on CFOs - PwC survey Analysis

Pressure increasing on CFOs - PwC survey

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Capital sees urban exodus during pandemic City

Capital sees urban exodus during pandemic

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.