Merkur Shareholders Endorse EUR 85.4M Recapitalisation

Naklo, 22 October - Merkur shareholders voted Monday in favour of a EUR 85.4m debt-to-equity conversion in a bid to lay the groundwork for a turnaround of the highly-indebted retailer.

Naklo
Merkur CEO Blaž Pesjak speaks to the press
Photo: Tinkara Zupan/STA

Naklo
Merkur CEO Blaž Pesjak speaks to the press
Photo: Tinkara Zupan/STA

The rest of this news item is available to subscribers.
The news item consists of 1.526 characters (without spaces) or 296 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

pc/sm
© STA, 2012