On 21 August, the EU Commission approved the acquisition of a majority stake in Pfleiderer Group SA by US financial investor Strategic Value Partners, LLC (SVP) of Wilmington, Delaware. SVP therefore takes over 23,519,515 shares. The takeover bid was made on July 11 by Volantis Bidco BV, a subsidiary of SVP based in Amsterdam, for PLN 25.17 per share. With the takeover of shares by Volantis Bidco, SVP indirectly holds 34,237,630 shares in Pfleiderer and thus a majority share of 52.92 ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
