May 13 (SeeNews) - PI Swisslion DOO Skopje, the North Macedonia-based unit of Serbian confectionary group Swisslion Takovo, said it plans to offer to buy the 8,364 shares it does not already own in local food manufacturer Agroplod AD Resen [MSE:AGR] at 13,530 denars ($237/219 euro) per share.
PI Swisslion will submit an offer for the shares after it receives the required approval by North Macedonia's securities and exchange commission, the company said in a bourse filing on Tuesday.
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PI Swisslion became a majority shareholder in Agroplod in 2006.
Agroplod was established in 1967. The company mainly engages in food manufacturing, but it also provides hotel services.
(1 euro = 61.72 denars)