Serbian meat processor IM Matijevic starts buyout bid at local firm Ribar.

By bne IntelliNews November 23, 2011
Serbian meat processor IM Matijevic said it has launched a buyout bid for the remaining 5.0% in local firm Ribar it does not yet own. IM Matijevic offers to pay RSD 2,500 (EUR 24) per each of the 719 targeted shares in Ribar, it said in a filing to Central Securities Depository and Clearing House. The bid is open between November 22 and December 12. Ribar provides fish spawning and rearing. The two companies are based in Serbia's northern province of Vojvodina.

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