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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.

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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.

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