{"id":5960,"date":"2025-07-18T07:00:42","date_gmt":"2025-07-18T07:00:42","guid":{"rendered":"https:\/\/ofero.news\/?p=5960"},"modified":"2025-07-18T07:00:42","modified_gmt":"2025-07-18T07:00:42","slug":"maspex-gets-20-of-bucharest-listed-purcari-winery-on-first-day-of-takeover-bid","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=5960","title":{"rendered":"Maspex gets 20% of Bucharest-listed Purcari winery on first day of takeover bid"},"content":{"rendered":"<p>Shareholders of Purcari winery (BVB: WINE) placed offers to sell 21.1% of the total number of shares to the Polish group Maspex, on the first day of the takeover bid organised by the latter for 98.4% of the winery&#8217;s shares, according to <a href=\"https:\/\/www.profit.ro\/povesti-cu-profit\/financiar\/piata-de-capital\/oferta-voluntara-de-preluare-derulata-de-polonezii-de-la-maspex-pentru-purcari-este-subscrisa-in-proportie-de-o-cincime-22101682?mc_cid=eecf38abbf&amp;mc_eid=cd1f92f96c\" target=\"_blank\">Profit.ro<\/a>. At the price promised by Maspex, the shares already promised by the shareholders are worth RON 179 million (EUR 35 million).<\/p>\n<p>Maspex seeks to get a controlling stake through the takeover bid.\u00a0The subscription period expires on July 30.<\/p>\n<p>In absolute terms, the shareholders promised to sell 8.53 million shares, out of a total of 40.4 million shares, at the price of RON 21 per share offered by Maspex.\u00a0<\/p>\n<p>The price of the offer brokered by BRD \u2013 Groupe Soci\u00e9t\u00e9 G\u00e9n\u00e9rale (BRD) places Purcari&#8217;s market capitalization at RON 849 million (EUR 167 million), slightly above the regulated market price. However, it is almost 50% higher than the Purcari shares&#8217; price in the first part of this year, before the Polish group announced its intention to take over the winemaker.<\/p>\n<p>Maspex, a group based in Poland, is active on the local market through brands such as Tymbark, Tedi, Bucovina, or La Festa.<\/p>\n<p>The Purcari takeover would mark an expansion into the wine sector, diversifying the group&#8217;s portfolio in the alcoholic beverages segment. Maspex representatives stated that, although they are targeting a significant holding \u2013 up to 98% of the shares \u2013 they do not intend to delist the company from the Bucharest Stock Exchange.<\/p>\n<p>At the time Maspex announced the takeover bid on May 21, it also disclosed that it had reached an agreement to purchase a 13.04% stake from Purcari&#8217;s founder Victor Bostan and an unnamed institutional investor. Bostan will sell a 5% stake held indirectly through Amboselt Universal, while the remaining 15% (also held indirectly through Amboselt Universal) will be subject to a lock-up agreement and a put\/call option exercisable in the first half of 2028.<\/p>\n<p>The future exercise price will match the takeover bid price plus 12% annual interest.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: Maspex)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Shareholders of Purcari winery (BVB: WINE) placed offers to sell 21.1% of the total number of shares to the Polish group Maspex, on the first day of the takeover bid organised by the latter for 98.4% of the winery&#8217;s shares, according to Profit.ro. At the price promised by Maspex, the shares already promised by the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5960","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/5960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5960"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/5960\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}