Ledo D.d. (ZGSE:LEDO-R-A) made an offer to acquire the remaining 4.17% stake in Frikom a.d. Beograd (BELEX:FRKM) from the minority shareholders for approximately RSD 470 million on January 25, 2013. Under the terms of the offer, Ledo will acquire 27,376 shares of Frikom at RSD 17186 each. The bid is valid between January 25, 2013 and February 14, 2013. MV Investments acted as broker on the deal.


Ledo D.d. (ZGSE:LEDO-R-A) completed the acquisition of the remaining 4.17% stake in Frikom a.d. Beograd (BELEX:FRKM) from the minority shareholders on February 14, 2013. Ledo acquired 1309 shares in the buyout. As on April 12, 2013, the supervisory board of Ledo approved a procedure to squeeze out minority shareholders. The squeeze out procedure was launched on May 27, 2013. Ledo will acquire 26,067 Frikom shares at RSD 17186 each in the procedure. As on June 2, 2013, the squeeze out procedure was completed and Ledo held 100% stake in Frikom.