Hungarian shareholder Wing seeks to boost Echo stake, board control
Published 7 h ago2 sourcesEvidence: Reported
Grupa Wing is increasing its stake in Polish developer Echo and seeking statutory rights to appoint a majority of supervisory board members and the president, a move that could facilitate delisting. The transaction, valued at over 800 million PLN, faces Hungarian investor opposition to delisting. The outcome hinges on shareholder approval and regulatory review.
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