Profil:
Best SAKredyt Inkaso's shareholders agree on merger with Best debt collector
The extraordinary general meeting of listed debt collector Kredyt Inkaso has agreed to merge with listed debt collector Best by by transferring all the company's assets to Best in exchange for shares, Kredyt Inkaso said in a market filing.
In connection with the merger, Best's share capital is to be increased through the issue of 5,828,535 K shares.
For each Kredyt Inkaso share, each eligible Kredyt Inkaso shareholder will be allocated 0.67537 Best shares.
Best shareholders also decided to merge the company with Kredyt Inkaso and to increase the share capital.
In February, Best concluded an investment agreement with Waterland, the dominant shareholder of Kredyt Inkaso, as well as with Krzysztof Borusowski and Marek Kucner, the dominant shareholders and members of Best's management board, prior to the merger of Best and Kredyt Inkaso.
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