2010-11-01   Archív   No comments

Decision clears way for OTP acquisition of Podravka stake

Podravka said that OTP Bank informed the food company of its intention to acquire the shares by activating its call option for the stake held by FIMA AMI Limited. The shares are collateral for a EUR 38m loan from OTP Bank that Podravka could not pay back, business daily Vilaggazdasag reported earlier.

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