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"As part of the merger plan of Vistula Group with Bytom, Bytom's board of directors submitted to the Warsaw Stock Exchange a request to suspend the shares of Bytom SA (ISIN code: PLBYTOM00010) in the main market of the WSE as of November 29, 2018, Therefore, the last day of listing Bytom shares would be November 28, 2018, "said the statement.
At the beginning of last June, the Vistula Group and Bytom Boards of Directors adopted resolutions concerning the intention to merge the companies. As it was announced at the time, the merger must be carried out by transferring all the assets of Bytom (the acquired company) to Vistula Group (the absorbing company) in exchange for Vistula Group shares.
Bytom and Vistula Group are both specialized in the design and retailing of designer men's clothing in their own stores and in franchise stores in Poland. In addition, Vistula Group, through its subsidiaries, sells women's clothing as well as luxury jewelry and watches.
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