date:Feb 25, 2014
ucture all of Mercator's debts.
Zagreb-based Agrokor, which has stores across the Balkans, struck a deal to buy a 53.1% stake in Mercator last summer from a consortium of 12 shareholders, with each share costing 120. According to Agrokor, this represents 452 million (US$587 million) for a 100% stake. Shareholders have been looking to offload stakes in the retailer since 2008.
At the time Agrokor said that 'the partnership of Agrokor and Mercator will create one of the largest retail companies