Salamis Tours shares soar after full ownership bid

Salamis Tours shares soared on the Cyprus Stock Exchange (CSE) on Wednesday after its main shareholder, E.V.H. Investments, announced a mandatory public offer to acquire up to 100 per cent of the company.

As a result, Salamis Tours became the market’s highlight, with E.V.H. Investments Limited—already holding an 83.26 per cent stake—issuing a public takeover offer to secure full control.

This decision, following its recent acquisition of an additional 3.01 per cent, was made...