Fortenova Group d.d. completed the acquisition of remaining 10% stake in Poslovni sistem Mercator d.d..
Fortenova Group d.d. made an offer to acquire remaining 10% stake in Poslovni sistem Mercator d.d. (LJSE:MELR) for 22.4 million on November 2, 2021. Fortenova Group d.d. will squeeze out the remaining 0.62 million shares at 36 per share. The cash consideration shall be transferred to the accounts of KDD d.o.o. ERSTE&STEIERMÄRKISCHE BANK d. d shall be jointly and severally liable for the payment of the cash consideration. Prior to the transaction, Fortenova Group holds 5.59 million shares of Poslovni sistem Mercator. The shareholders of Poslovni sistem Mercator will vote on the transaction on December 6, 2021. PIT LEITNER d.o.o. acted as the auditor and provided an opinion on the appropriateness of consideration to Fortenova Group d.d. KPMG d.o.o acted as the appraiser.
Fortenova Group d.d. completed the acquisition of remaining 10% stake in Poslovni sistem Mercator d.d. (LJSE:MELR) on April 1, 2022. As per the transaction, remaining 621,251 shares is now transfered to Fortenova Group d.d.