Bosnia's MF Grupa buyout bid for MF Banka attracts no interest

None of the remaining shareholders in MF Banka accepted MF Grupa's offer which was active from April 27 to May 28, the financial group said in a filing lodged with the Banja Luka Stock Exchange.

MF Grupa offered 193.27 marka ($106.9/98.8 euro) per each MF Banka share in the buyout bid, according to an earlier filing.

The financial group owns a 94.87% stake in MF Banka. The bank's share capital is divided into 511,410 shares, each with a par value of 100 marka.

The lender's shares have not traded on the Banja Luka bourse in the past year.

(1 euro = 1.956 marka)