BorsodChem shares will last trade on the Budapest Stock Exchange (BSE) today, as from 30 March 2007 the stock will be delisted.
Our view: It was widely expected that the delisting process initiated by First Chemical Holding will be succesful, after the company managed to obtain more than 90% of BorsodChem shares via options and a public bid, and then squeezed-out the remaining minority owners.