HUNGARY: Perrier get Kekkuti go-ahead

By just-drinks.com editorial team | 14 May 2002

Hungary's financial watchdog, the PSZAF, has given the final go-ahead for Perrier Vittel to acquire the outstanding shares in the Hungarian mineral water producer and distributor Kekkuti Asvanyviz Rt. The offer for the outstanding capital at $10.906 per share was made at the beginning of last month. Perrier currently holds 87.15% of Kekkuti shares and plans to acquire all remaining shares.

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Hungary's financial watchdog, the PSZAF, has given the final go-ahead for Perrier Vittel to acquire the outstanding shares in the Hungarian mineral water producer and distributor Kekkuti Asvanyviz Rt. The offer for the outstanding capital at $10.906 per share was made at the beginning of last month. Perrier currently holds 87.15% of Kekkuti shares and plans to acquire all remaining shares.

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