December 1 (SeeNews) - A buyout bid by Bosnia's largest retailer Bingo for the 56.99% stake it does not already own in local trading company TPDC Sarajevo attracted no investor interest, a bourse filing by Bosnia's Federation registry of securities showed on Thursday.
None of the remaining shareholders in TPDC Sarajevo accepted Bingo's offer to pay 27 marka ($14.4/13.8 euro) per share, which targeted 186,888 shares, according to the filing lodged with the Sarajevo Stock Exchange.
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Bingo launched the buyout offer for TPDC Sarajevo in October. The retailer currently owns 141,038 shares, representing 43.0091% interest in TPDC.
TPDC's equity capital is divided into 327,926 shares of 100 marka in par value each.
Established in 1993, Bingo owns a retail chain and seven shopping centres in the country.
(1 euro = 1.95583 marka)