The agreement with I. Kloukinas - I. Lappas will be completed in the first quarter of 2024.

The transaction was delivered through the subsidiary Sarantis Polska.

In a statement, the company said its board is reviewing the group structure through the lens of driving shareholder value.

The Group declared a dividend payment for the first time since 2010.

The net amount per share to be distributed amounts to € 0.0202629261 per share.

The tender is scheduled for October 18.

Different price expectations between buyers and sellers pause transactions

Romania outperformed the CEE, with the total for the six major economies (Bulgaria, Czechia, Hungary, Poland, Romania, Slovakia) more than halving.