Serbian arm of Becchis Osiride launches buyout bid for Azma.

By bne IntelliNews August 9, 2011
The Serbian subsidiary of Becchis Osiride, the Italian producer of bitumen based sound dampening materials and acoustic insulation, has filed a buyout bid for 5,766 shares or 28.62% in Serbian peer Azma, Becchis said in a statement with the Central Securities Depository and Clearing House. The price per share has been set at RSD 1,412. The buyout bid will be open between August 5 and August 25.

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