HUNGARY: Nestle tightens grip on mineral water company
By just-drinks.com editorial team | 29 May 2002
Nestle's Perrier Vittel has successfully upped its control of the Hungarian mineral water company Kekkuti Asvanyviz Rt to 97.16% from 87% following a public buyout offer, Nestle said on Wednesday. Nestle said in the bourse gazette that during the 30-day offer period it bought 238,641 of Kekkuti's 306,264 A-series shares it did not already own.
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Nestle's Perrier Vittel has successfully upped its control of the Hungarian mineral water company Kekkuti Asvanyviz Rt to 97.16% from 87% following a public buyout offer, Nestle said on Wednesday. Nestle said in the bourse gazette that during the 30-day offer period it bought 238,641 of Kekkuti's 306,264 A-series shares it did not already own.
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