Agrokor Agree Lower Price For Mercator Takeover As Deadline Extended
date:Mar 06, 2014
Croatian food manufacturer Agrokor has reportedly agreed new takeover terms with owners of Slovenia's largest food retailer Mercator, nearly a year after the acquisition was initially announced.

In June 2013, Agrokor signed a deal to buy the 53.1% majority stake in Mercator from a consortium of 12 local firms and banks. This deal was conditional on the complete debt restructuring of Mercator.

The deadline for this debt restructure process was set for the end of January 2014, but this was exten
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