Croatia's Mavota and Pliva acquire Medika stake
This article was originally published in Scrip
Executive Summary
Croatia's financial services supervisory agency (HANFA) has approved the acquisition of the remaining stake in Medika, a local pharmaceutical wholesaler, by a group of shareholders led by local firm Mavota. The shareholders, who currently have a 63% stake in Medika, have offered Kn7,310 ($1.30) per share, its average price over the past three months.