October 8 (SeeNews) - Serbian blue-chip industrial gases producer Messer Tehnogas [BEL:TGAS] said on Monday it approved a project to subscribe a capital hike of its subsidiary Messer Slovenia.
Messer Tehnogas owns a 91.24% stake in the capital of Messer Slovenia, while the remainder represents treasury stock, the Serbian company said in a filing with the Belgrade Stock Exchange.
The company did not provide details about the capital hike.
In August, Messer Tehnogas signed a deal with Messer Belgium N.V. to acquire its 91.24% stake in Messer Slovenia. All three companies are part of Germany's Messer Group.