OT Logistics sells 8.7% stake in Luka Rijeka to PFR

WSE-listed logistics operator OT Logistics will sell 8.75 percent of its stake in Croatian port Luka Rijeka to state-owned development fund PFR for PLN 32.8 million, the company said in a market filing. OT Logistics will retain its control over the harbor as it has 26.51 percent shares in the company which controls the facility but has signed agreements with other investors to control 50.56 percent stake. The deal assumes put and call options for the PFR's stake after seven years from signing the deal.