Sava Looking to Orchestrate Merger of Abanka and Gorenjska Banka

Ljubljana/Kranj, 22 March - Sava, the Kranj-based chemical and tourism conglomerate, on Thursday confirmed long-running rumours that it had bought nearly a quarter of Abanka Vipa, Slovenia's third-largest bank by assets, setting the stage for a merger with another major banking player, Gorenjska banka.