Czech firm Udi resort completes aquisition of Duga shares

The Czech company Udi resort SRO has completed an acquisition of a 51.74 pct stake in Serbian paint and varnish producer Duga, the Belgrade Stock Exchange said in a stock acquisition report Thursday.

11 Jul 2019 19:34

BELGRADE - The Czech company Udi resort SRO has completed an acquisition of a 51.74 pct stake in Serbian paint and varnish producer Duga, the Belgrade Stock Exchange said in a stock acquisition report Thursday.

Duga shares were put up for sale on June 17 at 10 dinars apiece and Prague-based Udi resort managed to acquire 161,191 shares.

Duga has a total of 311,000 shares but its socially-owned equity of 32,000 shares - or 10.3 pct of the total - was not a part of the offer, the report said.

(1 euro = 117.7 dinars)


Photo: Tanjug/M.Jelesijevic, file

top of page