HANFA: Approves Podravka’s Mirna Takeover

tomislav mrsic29 September 2014, LPJ Croatia Issue 102

The HANFA adopted a decision that approved Podravka’s takeover bid for the remaining Mirna shares. After gaining 53.86% shares of the Rovinj company in August at public auction by the Zagreb Stock Exchange, Podravka was legally required to publicly offer the purchase of the remaining shares. The price that Podravka agrees to pay is €5 per share…

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