Bosnia's RK Invest boosts stake in brewer Pivara Tuzla to 82.6%

RK Invest's takeover bid, launched in August, was accepted by 14 shareholders to whom it paid 5.0 marka per share ($3/2.6 euro), the bourse said in a statement.

The investment company had initially launched a buyout bid for the 685,876 Pivara Tuzla shares, representing a stake of 48.98%, which it did not own after it purchased a 51.02% share in the brewer in May.

Tuzla is located in the Federation - one of the two autonomous entities that form Bosnia and Herzegovina. The other one is the Serb Republic.

(1 euro=1.95583 marka)