The Serbian Privatisation Agency and the Share fund said today that small shareholders have joined together with the government to form a majority block in mineral water producer Knajz Milos, totaling 71.87 percent, or 262,636 shares, of the Arandjelovac-based firm’s capital.
Since September 11 and 13, when the agency and the fund launched public invitations to small shareholders, 111,798 shares, or a 30.59 percent stake held by small shareholders, has been merged with state-held 150,838 shares, or 41.28 percent of Knajz Milos capital.
A public invitation for the sale of the majority stake in the beverage company will be published in Belgrade daily Politika on Monday, September 27. The invitation will also be available on the agency’s website
www.priv.yu.