Orlen to squeeze out Energa minority shareholders at 27.60 zlotys per share
Orlen announced a squeeze-out of Energa minority shareholders at 27.60 zlotys per share, covering 32.3 million Energa shares (about 4.68% of share capital). The squeeze-out starts Sept 30 with a buyout date of Oct 5.
Sept. 60 zlotys per share, according to an offer document. 68% of share capital, the document said. The process is set to start on Sept.
30, with the buyout date set for Oct. 5, the offer document said. (Reporting by Gdansk Newsroom; +48 58 769 66 00)