Pekarna Blatnik and Mlinotest Confirm Failed Takeover Bids

Ajdovščina/Ljubljana/Velike Lašče, 6 December - Food group Zito and family-owned bakery Pekarna Blatnik confirmed on Wednesday that they had both failed in their respective bids to take over bread and past maker Mlinotest. The takeover battle for Mlinotest took an unexpected turn on Monday with the emergence of a third player in the form of financial firm Vipa.