A disclosure on the request was posted on the BSE’s website yesterday after the markets were closed, just a few hours after private equity fund Mid Europa Partners announced it would buy out founder György Wáberer, who is retiring. The fund is raising its stake in the company from 56.8% to 97.1%, through the buyout.
Wabererʼs had first-quarter revenue of €136.7 million, up 3.6% from the same period a year earlier.
At the beginning of March, Waberer’s announced that it had launched operations at its new German subsidiary.
Shareholders of the company decided in January to postpone a decision on an initial public offering (IPO) of its shares during a general meeting.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
