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Posta Slovenije to launch buyout bid for Intereuropa's Bosnian arm

Posta Slovenije to launch buyout bid for Intereuropa's Bosnian arm Photo: STA

LJUBLJANA (Slovenia), November 19 (SeeNews) - Posta Slovenije said it intends to launch a takeover bid for all the shares it does not already own in Intereuropa RTC, the Bosnian arm of Slovenian logistics group Intereuropa [LJE:IEKG], after it purchased a majority stake in the parent company.

The Slovenian postal services provider became an indirect owner of a 95.77% stake in Sarajevo-based Intereuropa RTC after acquiring a 72.13% stake in Intereuropa d.d., Posta Slovenije said in a filing to the Sarajevo Stock Exchange (SASE) on Monday.

The share capital of Intereuropa RTC is distributed in 155,446 ordinary shares of 100 kuna ($14.8/13.43 euro) in par value each, according to the filing.

Intereuropa said earlier on Monday it was informed by Posta Slovenije that the buyer has acquired all of the issuer's 10,657,965 preference shares and 9,168,425 ordinary shares, representing 54.53% of the voting rights of Intereuropa.

(1 euro = 7.44177 kuna)

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