Mercator S
OpenCalais Metadata: Ticker
OpenCalais Metadata: LegalName
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.
Mercator group’s net loss at EUR 69m in first nine months
Ljubljana – The retail group Mercator saw its sales revenue rise by 2.1% to EUR 1.6 billion in the first nine months compared to the same period last year, but the group operated with a net loss, which climbed to EUR 69m, shows a report released on Thursday.
Sberbank Says Agrokor Must Meet Creditor's Demands
Russia's Sberbank told BIRN that it believes Croatia's troubled private company Agrokor can be restored to normal activity, but wants fulfilment of its demands first.
- Read more about Sberbank Says Agrokor Must Meet Creditor's Demands
- Log in to post comments
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.
- Read more about Russia's Sberbank Eyes Agrokor's Serbian Assets
- Log in to post comments