Linamar Corporation exercises squeeze-out right at Hungarian unit
|Canada's Linamar Corporation on Thursday said it would exercise a squeeze-out right and pay the remaining shareholders in its Hungarian farm machinery maker and automotive industry supplier Linamar Hungary HUF 2,570 per share.|
Linamar Corporation's stake in the unit reached HUF 99.49% following a voluntary purchase offer, giving it squeeze-out rights.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.