February 23 (SeeNews) - Germany’s Messer SE & Co said on Friday that it plans to acquire the remaining 17.91% stake in Serbian blue-chip industrial gases maker Messer Tehnogas [BEL:TGAS] that it does not own yet.
Messer SE & Co plans to buy 185,711 shares of Messer Tehnogas, the German company said in a bourse filing.
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It added it plans to launch the buyout bid within 15 days. Minority shareholders in Messer Tehnogas include OTP Banka Srbija with a stake of 2.53%, UniCredit Bank Serbia with 2.28% as well as a number of other investors, according to Serbia's central registry of securities.
Messer Tehnogas' shares last traded on the Belgrade bourse on Thursday, closing 12.85% higher at 23,131 dinars ($214/197 euro).
(1 euro = 117.203 dinars)