Ledo D.d. (ZGSE:LEDO-R-A) completed the acquisition of the remaining 4.17% stake in Frikom a.d. Beograd from the minority shareholders.
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.