Company "Balius Transway" asked minor stockholders of Vršac’s "STUP" to extend deadline for takeover of all stocks
Thursday, 01.01.1970.
11:58
Ukrainian-English company "Balius Transway
Limited" asked the Club of minor stockholders of Traffic-transportation-catering
company (STUP) "Vršac" to extend the deadline for takeover of all
100% of stocks until the end of January
Nusret Vesnić, the President of the Administrative Board of the Club of minor
stockholders, which owns about 73% of stocks, said that the owner of the
potential buyer had informed them that the company had been experiencing
problems with money transfer because of the global economic crisis and that it
had not given up the takeover.
- If that company fails to meet the agreement by the end of January, we will discontinue negotiations - said Vesnić.
"Balius Transway" offered 8.7m EUR for 36,288 stocks of STUP "Vršac", that is, 240 EUR per stock.
STUP AD VRŠAC

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