Company "Balius Transway" asked minor stockholders of Vršac’s "STUP" to extend deadline for takeover of all stocks

Source: Beta Thursday, 01.01.1970. 11:58
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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.


Companies:
STUP AD VRŠAC STUP AD VRŠAC
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