Welcome to our dedicated page for HBAUF news (Ticker: HBAUF), a resource for investors and traders seeking the latest updates and insights on HBAUF stock.
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HORNBACH Baumarkt AG has announced plans to delist its shares from the Frankfurt Stock Exchange, following a resolution by the Management Board and approval from the Supervisory Board. This decision is in coordination with the majority shareholder, HORNBACH Holding AG Co. KGaA, which owns approximately 76.4% of the company’s shares. A cash tender offer of €47.50 per share will be made to acquire shares from minority shareholders. The revocation of admission for trading is expected to be effective three trading days after the publication of the revocation.
