You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Serbia's Deco to launch buyout bid for Gosa Montaza

Author Radomir Ralev
Serbia's Deco to launch buyout bid for Gosa Montaza Author: Ken Teegardin. Licence: Creative Commons, Attribution-ShareAlike 2.0 Generic.

BELGRADE (Serbia), June 15 (SeeNews) - Serbian company Deco has said it plans to launch a buyout bid for the 10.0% stake it does not already control in metal structures manufacturer Gosa Montaza [BEL:GMON].

The bid will target the acquisition of 22,262 Gosa Montaza shares, Deco said in a filing with the Belgrade Stock Exchange.

You can subscribe to our M&A newsletter here

Deco, owned by Serbian citizen Goran Dedic, currently controls an 89.9% stake in Gosa Montaza, it said.

Deco will apply for approval of the planned takeover bid with Serbia's competition regulator within a period of 15 days after announcing its intention on June 14.

Share this story
SeeNews in Brief

View our Newsletters