August 29 (SeeNews) - A consortium of Serbia’s Vino Zupa and Bosnia's trading and services company Amko Komerc sold their combined 94.8% stake in Bosnia's Hepok winery to a unit of Dubai-based Zeraa Investment LLC for 4.3 million marka ($2.5 million/2.2 million euro), Sarajevo bourse data showed on Monday.
The consotium sold their combined 2,255,184 shares in Mostar-based Hepok to local Zeraa Agriculture Investment in a deal struck outside of the bourse, bourse data coupled with a filing by Bosnia's unit of Raiffeisen bank confirmed.
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The Bosnian-Serbian consortium privatised Hepok in 2008 for a total of 2.7 million marka and pledged to invest a further 21.6 million marka in relaunching production.
Mostar is based in the Muslim-Croat Federation, one of the two autonomous parts forming Bosnia. The other is the Serb Republic.
(1 euro=1.95583 marka)