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Montenegro - Media Review – December 4

Dec 4, 2009, 1:58:04 PMArticle by Iskra Pavlova
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December 4 (SeeNews) - Following are some of the main stories in the online versions of Montenegrin media on Friday morning. SeeNews has not verified these reports and cannot vouch for their accuracy:

Montenegro - Media Review – December 4

VIJESTI

- The offered price of 44.83 euro per share in the buyout bid that Black Sea Montenegro, acting on behalf of private equity firm CVC, launched for a minority stake in Montenegrin brewery Pivara Trebjesa is considered too low and probably not many shareholders have sold their shares, the daily said quoting unnamed sources. If CVC failed to raise its current holdings of 72.6% to more than 75% in the bid, which ended earlier this week, it would be unable to extend the offer by 15 more days. In October, Belgian brewery Anheuser-Busch InBev sold its breweries in Bosnia, Bulgaria, Croatia, the Czech Republic, Hungary, Montenegro, Romania, Serbia and Slovakia to CVC for $2.23 billion.

- Montenegro reported its first A/H1N1-related death.

RTCG

- Montenegro will receive 774 million euro, or 21% of the total 3.5 billion euro the European financial institutions are providing to support transport infrastructure in southeast Europe over the next five years, Montenegrin Transport Minister Andrija Lompar said.

- The Montenegrin government said it plans to transform its Development Fund into an Investment Development Fund, which will support businesses, infrastructure and environment projects and provide credits and guarantees.

($=0.6639 euro)

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