State-Run Funds Offload Stakes in Etra

Ljubljana, 11 April - The state-run Pension Fund Management (KAD) and Restitution Fund (SOD) closed a deal with investment firm Pom Invest on Wednesday to sell their combined 21.14% stake in Etra 33, a maker of transformers. The funds said today they were selling at EUR 540 per share, which means Pom Invest will pay EUR 5.18m for the entire stake.