Published: February 27 2023
The merger of Auchan and Indotek is due to be completed by the end of February 2021, resulting in a new management structure and ownership structure in Auchan's Hungarian subsidiary. Indotek Group, owned by Daniel Jellinek, and ELO will form a strategic partnership, with Indotek taking a 47% minority financial stake in ELO.
- Merger between Auchan and Indotek to be completed by the end of February 2021
- New management structure and ownership structure to take effect from March 2021
- Daniel Jellinek's Indotek Group and ELO to form strategic partnership
- Indotek Group to take a 47% minority financial stake in ELO
This summary was created using AI, so there may be some inaccuracies. Always check the original linked article to be sure.