Island Lux (Pannunity Korlatolt) to acquire 95.3% stake in Pannunion - MarketLine Financial Deals

Island Lux (Pannunity Korlatolt) to acquire 95.3% stake in Pannunion

Island Lux (Pannunity Korlatolt) to acquire 95.3% stake in Pannunion - MarketLine Financial Deals
Island Lux (Pannunity Korlatolt) to acquire 95.3% stake in Pannunion
Published May 16, 2011
3 pages — Published May 16, 2011
Price US$ 20.00  |  Buy this Report Now

About This Report

  
Abstract:

Island Lux S.a r.l. & Partners S.C.A., a Luxembourg-based company, through its special purpose vehicle (SPV) Pannunity Korlatolt Felelossegu Tarsasag, has entered into an agreement to acquire 25,662,411 common shares, representing 95.3% stake, in Pannunion Csomagoloanyag Nyrt, a producer of plastic packaging materials, from PannErgy Nyrt, a geothermal energy company, for a purchase price of HUF210.32 ($1.11) per share, valued at HUF5,397.32 million ($28.48 million).

  
Source:
Document ID
MA66745_110615
Country
Country
Ticker
PANNERGY=HU
Ticker
PANNUNION=HU
Company
Format:
PDF Adobe Acrobat
Buy Now

MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

About the Author


Cite this Report

  
MLA:
MarketLine Financial Deals. "Island Lux (Pannunity Korlatolt) to acquire 95.3% stake in Pannunion" May 16, 2011. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Island-Lux-Pannunity-Korlatolt-to-acquire-95-3-stake-in-Pannunion-2052-62534>
  
APA:
MarketLine Financial Deals. (2011). Island Lux (Pannunity Korlatolt) to acquire 95.3% stake in Pannunion May 16, 2011. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Island-Lux-Pannunity-Korlatolt-to-acquire-95-3-stake-in-Pannunion-2052-62534>
  
US$ 20.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our MarketLine Financial Deals from one place.