Monday, September 1, 2008

Zagreb Stock Exchange reportedly interested in acquiring Montenegro’s NEX.

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Zagreb Stock Exchange reportedly interested in acquiring Montenegro’s NEX. The director of the Zagreb Stock Exchange, Robero Motusic, met in Montenegro with the shareholders of the Montenegrin stock exchange NEX Montenegro and started conversation for strategic partnership and cooperation between the both institutions, the Montenegro ’sdaily Vijesti reported. The CEO of Holder Broker, one of the owners of NEX Montenegro, Dejan Vasovic confirmed that the Zagreb Stock Exchange was interested in acquiring shares of NEX. The details on the respective offer have not been provided. The rumours of possible takeover have been circulating for a month but two weeks ago, Motusic said they had not received an offer for a majority stake in NEX but would be happy to consider it of that happened.

Bank deleveraging has barely started

Abigail Hofman:

Zagreb Stock Exchange reportedly interested in acquiring Montenegro’s NEX.

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