Both Bids for Takeover of Mlinotest Raised

Ljubljana, 20 November - The stakes have been raised in takeover battle for bread and pasta maker Mlinotest, as both bidders upped their offers on Monday in what is the climax of the takeover battle. Family bakery Pekarna Blatnik said its SIT 1,695 (EUR 7.07) per share was final, but this is well below Zito's latest offer of SIT 1,730 (EUR 7.22).