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Balkan Retail Giant's New Owner Plans an IPO After €1.2 Billion Loan Is Refinanced

(Bloomberg) -- Croatian tycoon Pavao Vujnovac plans to prepare Fortenova Grupa d.d. for an initial public offering as soon as the new majority owner of the Balkan retail giant refinances the company’s expensive rescue loan.Most Read from BloombergTesla Sinks After Warning About ‘Notably Lower’ Growth RateUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearMicrosoft Cuts 1,900 Jobs in Gaming, Including at ActivisionBoeing Blocked From Building More 737s in Hit to G...
Primorsko Goranska Luka Ploce Dubrovacko Neretvanska Bloomberg Businessweek Misha Savic Alexander Sazonov
Source: yahoo.com

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