
Pharos concludes Mondi’s acquisition of 94.34% of Suez Bags’ required shares
Pharos Securities Brokerage announced the successful acquisition of 94.34% of the required shares of the Suez Bags Company, on Sunday. Pharos was acting as the buy side broker for Mondi’s mandatory tender offer of 7,666,435 shares, equivalent to 70.11% of the capital of Suez Bags. “Pharos has succeeded in Mondi’s acquisition of 66.14% of Suez …