December 8 (SeeNews) - Serbian company FCG has said it plans to launch a takeover bid for the 86.7% stake it does not already control in Luka Leget [BEL:LKLG], the operator of the Danube river port of Sremska Mitrovica.
The bid will target the acquisition of 157,339 Luka Leget shares, FCG said in a filing with the Belgrade Stock Exchange.
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FCG currently controls a 0.25% stake in the port operator will be acting in the bid together with Serbian citizen Aleksandar Skundric who owns a 12.6% stake in the capital of Luka Leget. Skundric also owns the entire capital of FCG.
FCG will apply for approval of the planned takeover bid with Serbia's competition regulator within a period of 15 days after announcing its intention on December 3.