Bosnia’s Kipertrans shareholder places tender offer for 70.3% stake

A total of 39,318 shares are subject of the offer placed by businessman Fuad Zlotrg, who already owns 29.6763% of Kipertrans, AW Broker said in a filing with the Sarajevo Stock Exchange.

The buyout offer will be valid for 30 days.

The company’s equity is divided into 55,910 ordinary shares with par value of 10 marka apiece.

Kipertrans is located in Zenica, in the Muslim-Croat Federation, one of the two autonomous entities that form Bosnia and Herzegovina. The other one is the Serb Republic.

(1 euro = 1.95583 Bosnian marka)