Swiss Firm Bids for Two Subsidiaries of Croatia's Dioki

Petrochemicals and polymers producer Dioki Group (Zagreb, Croatia) says it has received a €20-million ($24.3 million) bid from United Energy Commodities (UEC; Geneva) to buy majority stakes in Dioki's Dina Petrokemija and Adriaoil subsidiaries. Dioki, in a filing with the Zagreb Stock Exchange, also says that Croatia's finance ministry has granted a request for state guarantees on a €5-million transfer from UEC—included in the €20-million bid—that would be used to pay outstanding wages of Dioki and Dina Petrokemija workers...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers