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Petrol dd Ljubljana to Sell Shares of Istrabenz dd to Sava dd and KB 1909


Friday, 21 Dec 2012 08:30am EST 

Petrol dd Ljubljana announced that it has signed two agreements based on bids resulting from a public invitation to tender for the acquisition of 1,690,305 shares of Istrabenz dd, representing a 32.63% stake, which are traded on the Ljubljana Stock Exchange. By entering into the sale, Petrol dd is pursuing the strategic goal of disposing of all non-operating assets as it estimates that over the long term this investment will not yield required returns to the Petrol Group. All 1,690,305 shares of Istrabenz dd were purchased by Sava dd and KB 1909, with the former becoming the owner of 845,153 shares and the latter of 845,152 shares. 

Company Quote

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30 Oct 2014