The company, which already holds 60.9% of the equity, issued a public tender for all outstanding shares at a price of HUF 20,000/share ($93/share), a 30% premium over the closing price preceding the suspension of trading in Demasz shares.
EdF bids for Hungarian assets
Hungarian electricity distributor and supplier Demasz has become the target of an acquisition bid by EdF International, a fully-owned subsidiary of Electricité de France (EdF).
