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Konzum to take over Appeninn

05 September 2017

HUNGARY Real estate holding Appeninn has informed the Budapest Stock Exchange that a number of companies from the Konzum group (Konzum Befektetési Alapkezelő, Konzum Management and Konzum PE Magántőkealap) have launched a joint takeover bid of the company.

Konzum is looking to buy up the shares in a mandatory public bid for HUF 261 each. The deal has not yet been approved by the Hungarian Competition Authority.


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