ZAGREB, Aug 31 (Hina) - The Zagreb Stock Exchange on Thursday morning temporarily suspended trade in Pliva shares until the national agency for the supervision of financial services HANFA announces that it approves the publishing of a
bid for the takeover of Pliva by the Icelandic company Actavis, the Zagreb Stock Exchange reported.
ZAGREB, Aug 31 (Hina) - The Zagreb Stock Exchange on Thursday
morning temporarily suspended trade in Pliva shares until the national agency
for the supervision of financial services HANFA announces that it approves the
publishing of a bid for the takeover of Pliva by the Icelandic company Actavis,
the Zagreb Stock Exchange reported. HANFA decided at a session
today to approve a request by Actavis to publish a rival bid for the takeover
of Pliva, and since the publishing of this piece of information and related
conditions is price- sensitive information, HANFA believes that the Zagreb
Stock Exchange should temporarily suspend trade in Pliva shares.
Price-sensitive information related to Pliva is expected to be made
known around noon, and normal trade in the company's shares is expected to
start 10 minutes after the information is published.