Development Fund carries out the 4th Public Auction
Ljubljana, 4 December - PRIATIZATION/FUND/AUCTION
Hosting on the premises of the Ljubljana Stock Exchange the Development Fund of the Republic of Slovenia carried out the 4th public auction Monday for shares of the companies undergoing privatization. Totalling SIT 20.1 billion, the shares of 154 companies for sale were divided into 194 lots. In addition, 23 authorized investment funds were offered six lots of shares of the SKB banka's deposits, amounting to between SIT 80 and 185 million. The average sales prices at today's auction were lower than the offering bids by 1.7 per cent, with only two lots being sold at higher prices (Delo Ljubljana and Drogerija Ljubljana). During the auction the Fund withdrew 40 lots of 37 companies.
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