date:Jun 27, 2014
Croatian retailer Agrokor is set to take control of Slovenia's largest food retailer Mercator on Friday in a deal worth 323.8 million euros, ending a long-running saga which involved a 1 billion euro ($1.36 billion) debt restructuring.
The Mercator takeover has been seen as a test case for Slovenia's appetite for privatisation of state assets. The Slovenian government does not directly control Mercator but has stakes in companies and banks that do.
Agrokor had made an initial bid for Mercator