Sberbank acquires almost fifth of Mercator shares at auction

Ljubljana, 7 July - Russia's Sberbank purchased a 18.53% stake in retailer Mercator at Friday's auction at the asking price of EUR 40.58m after seizing the stake as collateral from the indebted Croatian conglomerate Agrokor.

Ljubljana Slovenia's largest grocer Mercator, part of the troubled Croatian group Agrokor. Photo: Tamino Petelinšek/STA

Ljubljana
Slovenia's largest grocer Mercator, part of the troubled Croatian group Agrokor.
Photo: Tamino Petelinšek/STA

The rest of this news item is available to subscribers.
The news item consists of 907 characters (without spaces) or 178 words words.

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

zm/nd/nd
© STA, 2017