date:Jun 27, 2014
st year, when it signed the deal to buy a majority stake.
The deal will become effective subject to a number of conditions, including Agrokor's approval and transfer to Mercator of a subordinated loan of 200 million euros, which will be used for early repayment of a part of Mercator Group loans to the creditor banks, Mercator said in a bourse filing on Thursday.
After the completion, Agrokor is obliged under the deal to vote in favour of a swap of subordinated loan for equity, which should hel