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Ownership Reshuffle in Beleaguered Istrabenz Called Off

Ljubljana, 5 January - With the credit crunch making things look increasingly bleak at conglomerate Istrabenz, the situation forced the investment firm indirectly owned by Istrabenz boss Igor Bavcar to backtrack on an agreement that would double its ownership stake in the conglomerate to almost 50%.

Koper
Headquarters of the Istrabenz conglomerate.
Photo: Stanko Gruden/STA

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