Ovostar Union: Successful Delisting from Warsaw Stock Exchange
Deal News | May 23, 2025 | Taylor Wessing
The legal firm Taylor Wessing successfully assisted Ovostar Union PCL, a leading agro-industrial company based in Cyprus, in the delisting process from the Warsaw Stock Exchange. The firm's Warsaw office played a crucial role in advising Ovostar Union on the comprehensive procedures involved, including the preparation and launch of a takeover bid for company shares by concerted shareholders, execution of a squeeze-out of minority shareholders, and handling the proceedings with the Polish Financial Supervision Authority. The key legal team members involved were Partners Andrzej Mikosz and Jakub Pitera, Ph.D., along with Senior Associate Patrycja Sojka. Ovostar Union is a major egg producer and has a significant presence in more than 35 countries across Europe, the Middle East, Asia, and Africa. The delisting marks a significant transition for Ovostar Union as it pivots in its financial and operational strategies.
Sectors
- Legal Services
- Agro-Industrial
- Stock Exchange
Geography
- Poland – The delisting activity took place on the Warsaw Stock Exchange located in Poland; regulatory proceedings involved the Polish Financial Supervision Authority.
- Ukraine – Ovostar Union is a leading Ukrainian agro-industrial company, playing a major role in the context of global egg production.
- Cyprus – Ovostar Union PCL is based in Nicosia, Cyprus, making it a significant part of the company's geographical identity.
Industry
- Legal Services – The article discusses the legal advisory services provided by Taylor Wessing for the delisting of Ovostar Union from the Warsaw Stock Exchange.
- Agro-Industrial – Ovostar Union is identified as a leading agro-industrial company, producing and supplying eggs and egg products worldwide.
- Stock Exchange – The focus of the article is on the delisting of Ovostar Union from the Warsaw Stock Exchange, involving significant financial market activities.
Financials
- Not Disclosed – Details of the financial terms and implications of the delisting were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ovostar Union PCL | Target Company | Company | A leading agro-industrial company in Ukraine and a major egg producer in Europe. |
| Taylor Wessing | Legal Advisor | Company | An international law firm advising Ovostar Union on its delisting from the Warsaw Stock Exchange. |
| Andrzej Mikosz | Partner | Person | Partner at Taylor Wessing involved in the advisory process for Ovostar's delisting. |
| Jakub Pitera, Ph.D. | Partner | Person | Partner at Taylor Wessing involved in the advisory process for Ovostar's delisting. |
| Patrycja Sojka | Senior Associate | Person | Senior Associate at Taylor Wessing involved in the advisory process for Ovostar's delisting. |
| Polish Financial Supervision Authority | Regulatory Body | Government | The regulatory authority involved in supervising the delisting process of Ovostar Union from the WSE. |