The total purchase price for the shares tendered in the offer, equivalent to more than a third of the equity, is HUF 25.289 billion ($129 million).
EdF stated intention is to now exercise its right to purchase the remaining Demasz shares
EdF completes Demasz offer
Majority owner of Hungarian electricity distributor and supplier Demasz Nyrt, EdF International, has successfully completed its public purchase offer for all ordinary shares in Demasz, bringing its stake to 95% of the share capital.
