Mercator S

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Mercator S.àr.l.

Fortenova increases its share in Mercator to 89.11%

Ljubljana/Zagreb – Croatia’s Fortenova Group increased its share in Slovenian retail group Mercator from 88.1% to 89.11% during a takeover bid for the remaining 724,764 Mercator shares Fortenova does not already own. A total of 154 Mercator shareholders accepted Fortenova’s offer of EUR 36 per share in cash.

Transfer to Fortenova close as loan deal signed to restructure Mercator’s debt

Zagreb – The Croatian group Fortenova and Slovenian retailer Mercator have signed a contract under which the latter will get a EUR 385 million loan to restructure its debt to creditor banks, in a move that further enables the transfer of the Slovenian retailer from the bankrupt former owner Agrokor to Fortenova.

Russia's Sberbank Eyes Agrokor's Serbian Assets

Russian bank Sberbank has initiated proceedings before the Commercial Court in Belgrade, Serbia, to acquire two companies owned by the troubled Croatian retail giant Agrokor.

Sberbank launched the court proceedings on the basis of loans it gave to two companies, Jamnica and Konzum, which are owned by Agrokor - and which in turn own Mivela and IDEA in Serbia.