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Croatia’s Tekstilpromet to absorb units Lauris Moda, Pro Sport 98

Jun 21, 2024, 4:51:49 PMArticle by Dragana Petrushevska
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June 21 (SeeNews) - Croatian wholesaler and retailer of textile products Tekstilpromet [ZSE:TKPR] said on Friday it plans to absorb its local subsidiaries Lauris Moda and Pro Sport 98.

Croatia’s Tekstilpromet to absorb units Lauris Moda, Pro Sport 98
Author: Joost Nelissen Licence: Creative Commons

Tekstilpromet signed agreements for the mergers with both Lauris Moda and Pro Sport 98 on June 20, the parent company said in a filing with the Zagreb bourse.

Tekstilpromet's shareholders will vote on the proposed transactions at a meeting on July 24.

Tekstilpromet's shares last traded on the Zagreb bourse on June 18, when they closed flat at 200 euro ($213.9).

($ = 0.935 euro)

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