The Croatian government will make a statement, regarding the offer of Hungarian oil and gas company MOL towards the small shareholders in Croatian peer INA, by the end of the week, news agency HINA quoted PM Jadranka Kosor as saying. Kosor denied further comments, saying that the government was holding intensive consultations at the moment. MOL offered a price of HRK 2,800 (EUR 380) per share to the small INA shareholders, aiming at the acquisition of 800,910 shares or 8% of the company for EUR 304mn. The nominal value of the shares stands at HRK 900. In 2008, MOL bought 22.15% of INA trough a voluntary takeover bid. MOL now owns 47.15% of INA, while the Croatian government holds a 44.84% stake. |
The Croatian government decided on Thursday, March 21, to take over the ownership of all four companies part of local shipyard 3.Maj after which the privatisation of the parent company will be ... more
Croatian dairy producer Dukat said it intends to place a takeover bid for the 49.7% stake it does not yet own in Slovenian peer Ljubljanske Mlekarne. Dukats current stake of 50.3% in the ... more
Croatia's construction output fell 2.1% on the year in January 2013 after dropping an annual 19.9% a month earlier, the statistics office said, quoting unadjusted data. Working-day adjusted data, ... more