October 5 (SeeNews) - Bosnian retailer N Trade said on Wednesday that it plans to launch a tender offer for all the shares it does not already own in local industrial equipment leasing company Energoinvest Automatika [BANJ:ATMK-R-A].
N Trade plans to offer 0.255 marka ($0.13/0.13 euro) per each Energoinvest Automatika share in the buyout bid, it said in a filing with the Banja Luka Stock Exchange (BLSE).
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N Trade holds 683,050 shares of Energoinvest Automatika, representing a 36.390652% interest.
Individual investor Mladen Bozovic holds a 29.9% stake, local electronics maker Elko has a 16.3% interest and local IT company K-Inel owns 14.2%, according to BLSE data updated on September 29.
The company's shares last traded on the BLSE on October 3, closing flat at 0.25 marka.
(1 euro = 1.95583 marka)