AG druzba za investicije to Launch Buyout Bid for Otrantkomerc
December 08, 2020 at 10:12 am
AG, druzba za investicije d.d. (LJSE:AGOG) said it plans to launch a buyout bid for Montenegrin real estate company Otrantkomerc. AG aims to acquire the 71.4% stake in the capital of Otrantkomerc it does not own yet, the bidder said in a filing with the Montenegro Stock Exchange. The Slovenian holding currently owns 471,890 Otrantkomerc shares, or a 28.6% stake in the capital of the Montenegrin company, it noted.