Orlando-Equity Holding to acquire control of Greek packaging maker Paperpack

Paperpack's main shareholder and his family agreed to sell their shares, with fifteen other shareholders, to Orlando-Equity Holding Limited at EUR 6.66 per share. The buyer will reach 90.02% and then make a mandatory tender offer, with completion expected by end of December 2020.

“have agreed to sell their shareholding in the Company, to Orlando-Equity Holding Limited (the 'Investor'), for €6.66 per share”paperpack.gr

• 1 source
• paperpack.grAGREEMENT FOR THE ACQUISITION OF PAPERPACK SADec 23, 2020

Summarized from public sources; check the original articles before acting on it.