Agrokor Plans London IPO To Fund Expansion


News: Croatia-based food producer and retailer Agrokor plans to launch an initial public offering (IPO) at the London Stock Exchange in the next two years. The funds raised through the IPO could be utilised to finance acquisitions in Turkey or Russia, said Ivica Todori?, the president of the company. The company plans to capitalise on the IPO to expand beyond its existing market of the western Balkan heartland. However, it is yet to make a decision on the exact timing and structure of the IPO, Todori? added.

This article is tagged to:
Sector: Food & Drink
Geography: Croatia

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