Křetínský, who is acting in agreement with his long-time business companion Patrik Tkáč, wants to take over all ordinary shares and all the remaining preference shares of Metro. The estimated offer price per ordinary share is approximately EUR 8.49 and approximately EUR 8.87 per preferred share. EP Global Commerce (EPGC) announced this in a press … Read more
The main shareholder PFNonwovens Holding announced that it will buy additional shares of the Znojmo nonwovens manufacturer PFNonwovens, thus increasing its total stake in the company by more than ninety percent. This will allow him to start the process of crowding out small shareholders. “The company will submit to the CNB a request for approval … Read more
The state-owned Finnish investment company Solidium Oy now holds more than five percent of Nokia’s shares worth one billion euros, roughly 26.5 billion crowns. “Nokia is one of the most important, if not the most important, corporations in Finland, and it is important to us to keep it Finnish,” says Antti Makinen, CEO of Solidium … Read more
Electric car maker Tesla has not yet been included in the Standard & Poor’s 500 stock index. The S&P Dow Jones Indices decision is a big blow to Tesla investors, who generally expected the company to be included in the index thanks to a favorable July quarterly earnings report, Reuters reported. The company’s shares for … Read more