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Acciona takes larger stake in Mostostal

Eurobuild CEE 10 September 2019
POLAND Acciona has acquired a total of 2,407,655 shares in a call for the shares of Mostostal Warszawa.

In total Acciona now holds a 62.1 pct stake in the company. The transaction was completed on the Warsaw Stock Exchange on August 26th and the final price paid by Acciona was PLN 4.5 per share. The investment is intended to help further integrate the two companies. Acciona has been a strategic investor in Mostostal Warszawa since 1999 and as of the end of 2018 it had provided its subsidiary with financing worth around PLN 457 mln.

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