Jedinstvo Sevojno to take over Novi Pazar Put - Shareholders to get RSD 779 per share

The Sevojno-based company Jedinstvo has announced a takeover bid for 22.7% of the shares held by minority shareholders of Novi Pazar Put.

The bid was made at RSD 779 per share, an estimated value of the stock, and is valid until October 17.

Prior to the takeover, the majority owner of Novi Pazar Put, whose last year's revenues amounted to RSD 1.3 billion and whose net profit was RSD 64.2 million, was Putevi Uzice.

The market capitalization of Novi Pazar Put at the takeover price amounts to RSD 736.4 million (around EUR 6 million), Wisebroker reports.

MPP Jedinstvo Sevojno a.d. Sevojno

Novi Pazar put d.o.o. Novi Pazar

Putevi Užice a.d. Užice

Jedinstvo Sevojno

Novi Pazar Put

Putevi Uzice