Majority Shareholder in Tuzla Brewery Pitches Buyout Bid

RK Invest launched a buyout bid for the 48.98% stake in brewer Pivara Tuzla it does not already own, the Sarajevo Stock Exchange said. RK Invest is offering to purchase a total of 685,876 Pivara Tuzla shares at 5.0 KM apiece, the stock exchange said in a notice.

RK Invest purchased a 51.02% stake in Pivara Tuzla in May and is obliged to launch a buyout bid for the remainder. The share offer will be valid for 28 days.

According to the latest available data of SASE, brewer Sarajevska Pivara owns 18.9% of Pivara Tuzla.

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