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General

Telekom Srbija becomes Dunav Banka majority shareholder

Tuesday 6 January 2015 | 13:51 CET | News
Telekom Srbija has acquired a 55.8 percent stake in Serbia's Dunav Banka after paying RSD 1.17 billion for new shares issued during a capital increase. Telekom Srbija subscribed to 68.86 percent (3,658,394 shares) of the 4,831,275 newly issued shares, with a RSD 320 unit value per share. Insurance company Dunav Osiguranje purchased 1,135,254 newly issued shares or 21.37 percent, while Dimedia Group purchased 37,267 newly issued shares or 0.71 percent.

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Categories: General
Companies: Telekom Srbija
Countries: Serbia
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