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DIY retailer Dedeman buy 5% stake in Purcari winemaker

Paval Holding, the investment vehicle of Adrian and Dragos Paval - the owners of local do-it-yourself retailer Dedeman, has become a significant shareholder in Purcari Wineries, the only wine producer listed on the Bucharest Stock Exchange. The holding has bought 1 million shares, representing over 5% of the company’s capital. The stake is worth RON 22.8 million (EUR 4.8 mln), based on the current share price. The timing ...

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