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Agrokor-Mercator deal still valid

Author: mses
LJUBLJANA, June 2 (Hina) - A contract regulating the purchase of Slovenia's retail chain Mercator by Agrokor, the biggest Croatian private food and retail concern, whereby the transaction of the takeover of a 53.34% stake in Mercator should be finalised by 30 June, is still in effect, although Agrokor missed a 31 May deadline for reaching a deal with banks on restructuring Mercator's liabilities towards those lenders, the current majority owners in Mercator stated on Monday.

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