date:Feb 25, 2014
After the initial 240 million acquisition was announced in June 2013, Croatian retailer Agrokor has finally agreed a deal to restructure the debts of its Slovenian asset and past rival, Mercator.
Slovenian daily business publication 'Financial' reported on Friday that Agrokor had struck deals with two of Mercator's largest creditors, the Austrian institutions Erste Bank and Raiffeisen bank.
It comes just in time, as per the terms of purchase, Agrokor have until March to put in order and restr