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Hypo Alpe Adria Sells Merkur Stake, Discloses No Details

Ljubljana, 28 October - Hypo Alpe Adria Bank International said it sold in an auction on Thursday the almost 25% stake in insolvent hardware retailer Merkur it had confiscated from Merkur's management buyout vehicle Merfin. With the bank being tightlipped about who the buyer is, there is chance that it sold the stake to itself.

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