Alfa banka offered 13,440 CSD for stocks of Jubanka

Greek Alfa bank, which is majority owner of Belgrade-based Jubanka, announced the offer for takeover of the remaining stocks of that bank at price of 13,440.67 CSD per stock. At the beginning of this year, Alfa bank bought 88.64% of the assets of Belgrade-based Jubanka for €152m amd it intends to buy another 25,000 stocks, which is 2.37% of the total number of stocks.

The public offer of that bank says that the depositing of the stocks to the accound of the deposited securities is considered to be the acception of the offer for takeover of stocks. Greek Alfa bank intends to take over all stocks deposited abobe the minimal number of stocks on the closing day for the takeover offer. The stocks of Jubanka have not still appeared on Belgrade’s Stock Exchange.