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New Debt-to-Equity Conversion at MLM Foundry Fails

Maribor, 23 April - The shareholders of MLM failed on Tuesday to muster the required 75% support for a new debt-to-equity conversion at the troubled Maribor-based foundry, which would have increased the joint stock of the banks NKBM, Abanka Vipa and Probanka from 51% to 75%.

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