ZAGREB, Aug 18 (Hina) - A package of 776,149 shares of Pula-based tourist company Arenaturist was sold on Thursday to a group of foreign investors specialising in the hotel business and tourism, the Expandia fund, which sold the
shares at the Zagreb Stock Exchange, said on Friday. The shares were sold to an as yet unknown client at 21 kuna each, the lowest price ever for an Arenaturist share. The new owner will pay 16.2 million kuna (US$1.92 million) for his 35.56 percent share in the company. According to the law, the buyer will be known within a week, during which time a public bid for tenders will be opened since the package exceeds 25 percent of the company's shares. Arenaturist believes the new owner will give the company new impetus to progress. The Pula-based company has 23,963 accommodation units at its disposal.(hina) ha
ZAGREB, Aug 18 (Hina) - A package of 776,149 shares of Pula-based
tourist company Arenaturist was sold on Thursday to a group of
foreign investors specialising in the hotel business and tourism,
the Expandia fund, which sold the shares at the Zagreb Stock
Exchange, said on Friday.
The shares were sold to an as yet unknown client at 21 kuna each, the
lowest price ever for an Arenaturist share. The new owner will pay
16.2 million kuna (US$1.92 million) for his 35.56 percent share in
the company.
According to the law, the buyer will be known within a week, during
which time a public bid for tenders will be opened since the package
exceeds 25 percent of the company's shares.
Arenaturist believes the new owner will give the company new
impetus to progress.
The Pula-based company has 23,963 accommodation units at its
disposal.
(hina) ha