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. The state-run Restitution Fund (SOD) had announced immediately it had accepted the bid for its 16.4% stake in Istrabenz, while Pension Fund Management (KAD), which holds 11.8%, has since followed suit.
Ljubljana
Petrol sign at a service station belonging to Slovenia's largest fuel retailer.
Photo: Domen Groegl/STA
The rest of this news item is available to subscribers.
The news item consists of 1.675 characters (without spaces) or 350 words words.
Buy the news item. Price: 2 tokens; on account: 0 tokens.