Unsuccessful offer for takeover of Optika?
According to unofficial information, the offer of Investment Fund Midhall investments from the Seychelles, which wanted to buy the stocks of company Optika, was not successful. Although Midhall Investments offered to buy minimum 50 plus 1 stock and maximum 100% of stocks at price of 5,581.35 CSD, smaller number of stockholders than needed responded to the invitation and Share Fund did not deposit its package with 48% of stocks of Optika. The Securities Commission has not confirmed that information yet and, as we were said, the results of the offer will most probably be announced in Thursday.
Let us remind that three bidders stayed in the game after the opening of the final offers - Delta maxi, which offered 5,270 CSD per stock, Veterinarian Institute, which offered 4,130 CSD per stock, and company Mega tabak, which offered 3,830 CSD per stock. Remaining two offers – the offer of Italian company Liepota okijali (2,642 CSD per stock) and Sani Ltd. from Šabac (2,643 CSD per stock) – were not changed, so that they were ruled out from the further “competition”. Bookkeeping value of the stocks of Optika is 4,022 CSD. Except for the Share Fund, the share in stock capital of that company is owned by the Pension-Disability Insurance Fund (10%), about 3% is public property, whereas 31% of stocks are in the hands of the minor stockholders.