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PIVOVARNA LASKO dd informs Agrokor dd extends period for Mercator dd's debt restructuring; consortium of sellers sign annex to contract


Friday, 28 Feb 2014 11:46am EST 

PIVOVARNA LASKO dd:Says the consortium of sellers, comprising the company, Pivovarna Union dd, Radenska dd, NLB dd, Nova KBM dd, Gorenjska banka dd, Prvi faktor - Faktoring doo, Banka Koper dd, Hypo Alpe-Adria Bank dd, Banka dd and NFD Holding dd signed an agreement to sell a 53% stake in Mercator dd.Says the agreement was signed on June 14, 2013 with acquirer Agrokor dd.Says one of the conditions for successful acquisition is debt restructuring of Mercator dd.Says the condition was to be fulfilled by Feb.4.Says on Jan. 31, Agrokor dd extended this period to Feb. 28.On Feb. 28. the consortium of sellers signed annex which establishes sale price at 86 euros per share and extends period for carrying out of the transaction until June 30. 

Company Quote

17.4
-0.3 -1.69%
22 Aug 2014