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Fortenova sells agri unit to Podravka for 333 mln euro
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Messer SE & Co plans buyout bid for Serbia's Messer Tehnogas

Feb 23, 2024, 1:26:42 PMArticle by Djordje Jajcanin
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February 23 (SeeNews) - Germany’s Messer SE & Co said on Friday that it plans to acquire the remaining 17.91% stake in Serbian blue-chip industrial gases maker Messer Tehnogas [BEL:TGAS] that it does not own yet.

Messer SE & Co plans buyout bid for Serbia's Messer Tehnogas
Author: Messer Group. License: All rights reserved.

Messer SE & Co plans to buy 185,711 shares of Messer Tehnogas, the German company said in a bourse filing.

It added it plans to launch the buyout bid within 15 days. Minority shareholders in Messer Tehnogas include OTP Banka Srbija with a stake of 2.53%, UniCredit Bank Serbia with 2.28% as well as a number of other investors, according to Serbia's central registry of securities.

Messer Tehnogas' shares last traded on the Belgrade bourse on Thursday, closing 12.85% higher at 23,131 dinars ($214/197 euro).

(1 euro = 117.203 dinars)

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