News

HUNGARY: Brau Immobilien purchase decision held

Most popular

The just-drinks analyst returns

The just-drinks analyst returns

"Europe is so primed for hard seltzer" - interview

Interview - Rima Sawaya, Kahlua brand manager

Beer awards - What's the point? - comment

MORE

A decision over Brau Immobilien's purchase of a stake in Brau Union Hungaria has been deferred. The Hungarian market watchdog, PSzAF, is holding back on a decision on the Austrian brewery's takeover bid. No reason for the deferral was provided.

On 5 November, PSzAF ordered Heineken to provide more information on how it arrived at the buyout price offered to minority shareholders. PSzAF ruled on 6 December that Brau Immobilien had to offer a more favourable euro-to-forint exchange rate to minority shareholders.

Brau Immobilien complied with the regulation on 13 December.

Brau Immobilien is a unit of Heineken, which also owns the Austrian Brau Union Group.


Sectors: Beer & cider

Companies: Heineken

Related Content

Portman Group appoints next chair

Portman Group appoints next chair...

Has Diageo opened the door to a takeover, will alcohol-free spirits really take off and is Anheuser-Busch InBev looking for a new leader? - The just-drinks Analyst

Has Diageo opened the door to a takeover, will alcohol-free spirits really take off and is Anheuser-...

Corporate Social Responsibility activations around the world - The IARD Digest - September 2020

Corporate Social Responsibility activations around the world - The IARD Digest - September 2020...

Heineken's Pure Pirana hard seltzer - Product Launch

Heineken's Pure Pirana hard seltzer - Product Launch...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?