Profil:
Best SABest's majority shareholders decide on merger with Kredyt Inkaso debt collector
Listed debt collector Best's shareholders decided to merge with listed debt collector Kredyt Inkaso and to increase the share capital, according the resolutions of Best Wednesday's extraordinary general meeting.
The merger is to happen through the transfer of the entire estate, including all assets and liabilities of Kredyt Inkaso to Best in exchange for shares that the company will issue to Kredyt Inkaso's eligible shareholders in accordance with the provisions of the merger plan.
In connection with the merger, Best's share capital is to be increased through the issuance of 5,828,535 K shares.
For each Kredyt Inkaso share, each eligible Kredyt Inkaso shareholder will be allotted 0.67537 Best shares.
In February, Best entered into an investment agreement with Waterland, Kredyt Inkaso's dominant shareholder, as well as Krzysztof Borusowski and Mark Kucner, Best's dominant shareholders and board members, preceding the merger of Best and Kredyt Inkaso.
The merger has already been approved by Poland's antitrust and consumer protection regulator UOKiK.
pel/ han/ ao/