Tag: EMASZ

E.ON further increases stakes in Elmu and Emasz – Hungary, 23 December 2019

The local subsidiary of German E.ON increased its stakes in regional electricity distributors Elmu and Emasz with the acquisition of state-owned Hungarian Electricity Works? (MVM) holdings in the companies. E.ON acquired MVM?s 15.86 % stake in Elmu and 13.11 % stake in Emasz. Following this acqui Full article available for subscribers of Energy NEWS service […]

E.ON increased stakes in Elmu and Emasz via mandatory offer – Hungary, 10 December 2019

The local subsidiary of German E.ON has raised its stakes in regional electricity distributors Elmu and Emasz via mandatory public purchase offers that ran from 7 November until 6 December. Thus, E.ON Hungaria raised its stake in Elmu from 82.5 % to 83.07 % and its stake in Emasz from 81.08 % to Full article […]

E.ON’s buyout of Elmu, Emasz shares approved – Hungary, 06 November 2019

The National Bank of Hungary has approved mandatory public purchase offers for the outstanding shares of regional electricity distributors Elmu and Emasz by the local subsidiary of German company E.ON. The purchase offers, at the earlier announced prices of 1.04 eurocents per share for Elmu and 0 Full article available for subscribers of Energy NEWS […]