OT Logistics increases its stake in Luka Rijeka

WSE-listed logistics operator OT Logistics tendered 2.7 percent in Croatian port Luka Rijeka. The company wanted to buy as many as 43.39 percent shares at HRK 50 apiece. Before the tender, OT Logistics held 32.56 percent shares in the company which controls the facility but has signed agreements with other investors to control 56.61 percent stake. After the transaction, it will increase its stake to 35.26 percent. The transaction value is estimated at HRK 18.2 million.