As the Swiss company now owns over 95% in Chimpex, it can delist the Romanian port operator from the Bucharest bourse if it so chooses.
The shares were bought out through several transactions by Azomures (AZO. RO), a company almost entirely controlled by Ameropa. The trading value stood at RON8.5 million (EUR1.8 million).
Azomures paid RON11.2 per share, 20% below the last price on the Bucharest bourse and 15.4% higher than the price of RON9.7 per share Ameropa offered within the takeover bid it launched in June for the 9.57% stake it did not own in Chimpex. The then-operation failed, as Ameropa took over only 1.06% of Chimpex shares, raising its stake from 90.43% to 91.49%. Consequently, Ameropa did not manage to own a 95% stake, which would have allowed it to delist Chimpex.
At the price offered last Friday, Chimpex market value is RON126.2 million (EUR27.6 million).