Skanska launches second tender for Exbud, the leading Polish construction company
Skanska launches second tender for Exbud, the leading Polish construction company Skanska has today announced a second tender offer for all outstanding shares in Exbud S.A. ("Exbud"), the leading contractor in Poland, at a price of zl 40 per share. The tender subscription period will run from 25th May to 26th June. Polish regulations require a second tender to be launched if a shareholder acquires more than 50 percent of a listed company. Skanska currently holds 75 percent of the issued share capital of Exbud after acquiring 9.99 percent by way of a block trade and a further 65 percent