Billionaire Sołowow in Synthos takeover bid

Oświęcim, Poland – Polish businessman Michał Sołowow, who owns 62.46% of shares in Synthos SA, is bidding to acquire all shares in the speciality chemicals manufacturer.

In a recent announcement, the Polish company said Solowow – through his investment vehicle FTF Galleon SA –  plans to buy the remaining shares at a price of PLN4.78 (€1.13).

With the takeover, Synthos would subsequently be delisted from the Warsaw Stock…

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