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Takeover Intent Published for Helios, Chairman Steps Down

Ljubljana, 4 April - Remho Beteiligungs, the coating division of the Vienna-based group Ring International Holding, published its intention to take over the remaining outstanding shares of Helios on Friday after paying EUR 106m for a 77.93% stake in the Slovenian coatings maker to a consortium of mostly state-owned shareholders on Thursday.

Ljubljana
Uroš Slavinec (pictured) announces unconditional resignation as Helios chairman as new Austrian owner takes over.
Photo: Nebojša Tejić/STA

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