March 14 (SeeNews) - A newly set up Swiss company, Zentralschweizerische Investment Holding AG, plans to make a voluntary takeover bid for the shares of Croatian port operator Luka Rijeka [ZSE:LKRI], a legal representative of the holding said on Tuesday.
The holding would target all of Luka Rijeka's issued shares with voting rights with a par value of 5.31 euro ($5.69) each that are listed on the Zagreb Stock Exchange (ZSE), excluding those on which any kind of burden has been set, Croatian lawyer Antun Sagovac who is representing the Swiss company in the planned takeover process said in a filing to the Zagreb bourse.
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The success threshold of the takeover bid is set at 51%.
Luka Rijeka's shares traded 7.07% higher intraday on Tuesday on the ZSE, at 9.85 euro. The bourse put the shares in the segment for monitoring on Tuesday following the announcement of the plan for a takeover bid.
($ = 0.933 euro)