Limun.hr - Croatia's Djuro Djakovic Holding plans takeover bid for ailing builder Ingra

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Croatia's Djuro Djakovic Holding plans takeover bid for ailing builder Ingra

16.7.2012 19:38:00 | Author/Source www.seenews.com

Croatia's Djuro Djakovic Holding said it plans to file a takeover bid for embattled construction company Ingra in a bid to position itself as a provider of comprehensive engineering services.

The takeover bid will be published within the timeframe prescribed by the relevant legislation after it is approved by the financial regulator and at a price calculated as the weighted average stock exchange price of the Ingra shares during the three months preceding the date on which the takeover plans were made public, Djuro Djakovic Holding said in a press release late on Monday.

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