PANNUNION
Follow-up: Squeeze-out by Sun Capital wrapped up
After having acquired 95.3% of the shares in Pannunion, the former plastics business of Pannergy Nyrt (Budapest / Hungary; www.pannergy.hu) – see Plasteurope.com of 01.06.2011 – Pannunity holding on 18 November 2011 informed the Hungarian stock exchange that it had exercised its squeeze-out option and acquired the remaining shares in Pannunion.
Pannunion is part of US investment group Sun Capital Partners (Boca Raton, Florida; www.suncappart.com), which has been on a virtual plastics acquisition spree since the beginning of this year – see also Plasteurope.com of 03.11.2011.
Pannunion is part of US investment group Sun Capital Partners (Boca Raton, Florida; www.suncappart.com), which has been on a virtual plastics acquisition spree since the beginning of this year – see also Plasteurope.com of 03.11.2011.
24.11.2011 Plasteurope.com [220912-0]
Published on 24.11.2011
German version of this article...