The article reports on the ongoing takeover process of Krasa, a well-known Croatian food company, by Pivac Holding. The management of Krasa has evaluated the offer from Pivac Holding at €130 per share, deeming it appropriate based on the company’s operations, market position, and current macroeconomic conditions. The Croatian Financial Supervisory Agency (Hanfa) recently approved the disclosure of Pivac Holding’s takeover bid, which is being pursued jointly with Kappa Star Limited, a company owned by Serbian businessman Nebojša Šaranović. Pivac currently holds 55.15% of Krasa’s shares, while Kappa Star holds 32.25%, together controlling 87.39% of the company. The €130-per-share offer applies to the remaining 12.61% of shares not already held by these two entities.
Bias read (Center): The article presents factual information about a corporate takeover without overtly favoring either side. It provides balanced reporting on the financial and regulatory aspects of the deal, including the approval by Hanfa and the ownership stakes of the involved parties. There is no clear editorial傾




