Graphisoft spins off property unit, sees IPO on Budapest bourse
Shareholders at Graphisoft SE, a Hungarian software maker, agreed to spin off the company's property unit and sell those shares to investors on the Budapest Stock Exchange.
Graphisoft Park SE was incorporated at today's general meeting, Graphisoft said in a statement on the stock exchange Web site. Shareholders who don't want ownership in either Graphisoft company can sell shares in the software-making unit for € 2.34 each and for € 2.14 in the property company, Graphisoft said. Graphisoft Park's public share sale may take place in mid-August once the new company is registered, news wire Interfax reported. (Bg)
ADVERTISEMENT
MNB Stresses Importance of 'Conservative' Dividend Policy to...
Poland Jobless Rate Unchanged in October
DHL Supply Chain Relocates Domestic Operation to Páty
More Guest Nights y.o.y. for Year-end
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.
.jpg)
