February 1 (SeeNews) - Bosnia and Herzegovina's largest retailer Bingo said on Wednesday it launched a buyout bid for the remaining 5.8245% interest in local trading company TPDC Sarajevo, offering to pay 57 marka ($31.7/29.1 euro) per each share it does not already own.
Bingo is targeting 19,100 TPDC shares, it said in a filing to the Sarajevo Stock Exchange (SASE).
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The offer is valid for a period of 28 days from the announcement date. Bingo currently owns a 94.1755% stake in TPDC Sarajevo.
TPDC's equity capital is divided into 327,926 shares of 100 marka in par value each.
(1 euro = 1.95583 marka)
Bingo d.o.o. is among the biggest companies in SEE, for more reference take a look at
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