Fortum has obtained 100% of shares in the electricity and gas sales company Grupa DUON S.A. in Poland
FORTUM CORPORATION INVESTOR NEWS 8 APRIL 2016 at 14.45 EEST On 8 April 2016, Fortum has obtained 100% of shares in Grupa DUON S.A., an electricity and gas sales company listed on the Warsaw Stock Exchange. Fortum announced a tender offer for Grupa DUON S.A. on 8 January 2016. During the subscription period that ended on 26 February 2016 Fortum received subscriptions from shareholders representing altogether 93.35% shares in the company at the offered price PLN 3.85 per share. The remaining shares were purchased from shareholders under the mandatory squeeze-out procedure at the same