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Petrol Defends Istrabenz Takeover Bid, Says Price Fair

Ljubljana, 16 October - Petrol, Slovenia's largest fuel retailer, says its takeover of tourism-through-energy conglomerate Istrabenz is designed to create a key regional energy player, with Slovenia just one of the markets. The offer, at EUR 100 per share, is fair, Petrol chief executive Marko Kryzanovski told the press on Tuesday.

Ljubljana
Petrol CEO Marko Kryzanovski (centre) says the takeover of tourism-through-energy conglomerate Istrabenz is designed to create a key regional energy player.
Photo: Domen Groegl/STA

Ljubljana
Former Petrol CEO Marko Kryžanovski gets one-year suspended sentence over insider trading.
Photo: Domen Groegl/STA

Ljubljana
Viktor Baraga, the chairman of the Petrol supervisory board.
Photo: Domen Groegl/STA

Ljubljana
Petrol CEO Marko Kryzanovski (sitting right next to board member Igor Irgolic) says the takeover of tourism-through-energy conglomerate Istrabenz is designed to create a key regional energy player.
Photo: Domen Groegl/STA

Ljubljana, Petrol.
Novinarska konferenca družbe Petrol s predstavitvijo prevzemne ponudbe za odkup delnic družbe Istrabenz.
Podpredsednik uprave Petrola Igor Irgolič ter predsednik uprave Petrola Marko Kryžanowski.
Foto: Domen Grögl/STA

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