Petrol Raises Bid for Istrabenz
Ljubljana, 26 October - Fuel company Petrol on Friday raised its takeover bid for conglomerate Istrabenz to EUR 110 per share, which is EUR 10 more it initially offered. This price should satisfy the state-run Restitution Fund (SOD) and Pension Fund Management (KAD), which together hold nearly 30% of Istrabenz.
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