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Privatisation Fund okays Agrokor's bid for Vupik, makes list of shares to be put out for auction

ZAGREB, Nov 10 (Hina) - The Croatian Privatisation Fund's Management Board on Tuesday decided to propose to the government to accept a bid made by the Agrokor concern for the purchase of 87.98 percent shares of the Vukovar-based Vupik agribusiness company at the price of HRK 30 million. Agrokor has vowed to service 20 percent of Vupik's due loans to state creditors, and consequently should ensure between HRK 50 and 60 million for this purpose.

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