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Humet-led consortium makes buyout offer for chemicals company

A consortium led by dietary supplement maker Humet has made a preliminary buyout offer for 100% of a Hungary-based multinational chemicals company with annual turnover of several billion forints, Humet said.

Humet did not name the company.

Trade in the Humet shares was suspended by the bourse's CEO for the day on Monday.

Humet already owns a combined direct and indirect 54% stake in chemicals company Reanal Finomvegyszergyár.

Humet's biggest owner is Tyler International, with a 20.27% stake. (MTI – Econews)